Are Bulk REO Deals Being Done?
Short answer. Yes. Bulk REO package deals with banks are happening. Mostly in the several hundred thousand dollar to several million dollar range with 3-15 properties.
But, even these packages aren’t all that common. You can still be successful. You keep trying until you get a real source that can validate his/her claims.
Find REO's and make
CASH NOW.
The huge majority of REO deals with most banks are onsey and twosey and are happening with everyday investors like me and you.
However, if you have access to Bank officers, Disposition Managers, Hedge Funds and Private Equity firms directly you can be successful in the creation of better wealth through larger packages. Remember, personal relationships are the key to almost any successful business. Especially in the Real Estate/Investing world. You better have contacts. Real contacts not just a Broker in a chain of brokers that says he knows a guy that has a contact that is direct to the banks. Beware of this type of broker. Or should we say Hack. Don't get me wrong everyone wants to make money either buy a referral or representing a buyer directly. But you have to ask yourself is this just a broker referring a broker...and so on.
If you are a serious Investor or have a direct relationship with a serious Investor then give us a call.
You can also follow us on Twitter.
By TwitterButtons.com
;)
;)
Hi Douglas, I saw you on Twitter & I'm following you now!