Focus Is to Buy, Raise Rents, Re-sell Properties A growing number of companies are rushing to let homeowners offload their homes to investors online for cash. Collectively, they are known as iBuyers, and now a new startup, Go iBuyer, has entered the fray with the goal of purchasing, renovating, and re-selling entire multifamily properties in Los […]
Opendoor Buys/Sells Online
Opendoor, a San Francisco startup that buys and sells homes online, has raised an additional $325 million from investors (including venture capital firms, homebuilding giant Lennar and Invitation Homes, the nation’s largest single-family home landlord). Opendoor has been described as a flipper, but it’s not trying to make money by purchasing then rehabbing homes. It […]