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We Buy Homes In USA Raises $25 Million to Acquire DFW Properties

We Buy Homes In USA raises $25 million (including $11 million from Freddie Mac) to acquire and expand affordable single family rental housing in the Dallas-Ft Worth metroplex


News provided by

We Buy Homes In USA

Jan 02, 2019, 05:00 ET

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We Buy Homes In USA, a leading provider of affordable single family rental homes
We Buy Homes In USA, a leading provider of affordable single family rental homes

DALLAS, Jan. 2, 2019 /PRNewswire-PRWeb/ -- We Buy Homes In USA (http://www.WeBuyHomesInUSA.com), a leading provider of affordable single family rental homes in Dallas-Fort Worth, has just completed a $25 million fundraising round. "The DFW market has started to tighten up, but we still see tremendous opportunities for us to expand our portfolio close to home and in the market we know so well," said Alex Hemani, CEO of We Buy Homes In USA.

Hemani, a member of the well-respected Forbes Real Estate Council, began investing in the DFW housing market in 2006 and launched We Buy Homes In USA.com a few years later. In the past 12 years, Hemani and We Buy Homes In USA, a Dallas-based company, has built a stellar reputation based on providing home buyers a quick, efficient, no closing cost, fairly valued home selling experience. The Alex Hemani family of companies has completed over 1,000 single family transactions from satisfied home owners and this financing provides the fuel to continue building communities and working with home owners.

This infusion of capital allows us to offer homeowners a fair, all-cash offer, and we can usually close in less than seven days with no closing costs or real estate commissions

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Unlike many "buy-and-flip" alternatives that often take advantage of desperate people by offering low-ball prices and contributing to neighborhood decline, We Buy Homes In USA is strengthening families and neighborhoods while rebuilding communities by investing in single family homes and then maintaining them as affordable Single Family Rentals.

"This infusion of capital allows us to offer homeowners a fair, all-cash offer, and we can usually close in less than seven days with no closing costs or real estate commissions," Hemani added.

The $25 million raised by We Buy Homes In USA from private investors for acquisition and investments follows an $11 million liquidity loan Hemani recently obtained. This new funding will allow We Buy Homes In USA to buy up to 200 new homes, renovate them and maintain them as affordable rental housing.

About We Buy Homes In USA
We Buy Homes In USA is a full-service real estate investment firm based in Dallas, TX. In addition to buying homes to build its portfolio of Single Family Rental properties, We Buy Homes In USA works with other, like-minded investors, to help them identify and acquire appropriate properties to build their portfolios.

SOURCE We Buy Homes In USA

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