bank reo tapes: How to Invest In BULK REO TAPES
- 04/14/10 02:30 AM
It is not as hard as the "gurus" would have you believe. If you've been following the news and latest investing trends, then you are aware of the most profitable opportunity ever in real estate. I am referring of course to bulk reo investing. Never mind foreclosures and "short sale" investing, all you will accomplish at best is picking up the property slightly below current market value.
Bulk REO begins when the homeowners falls behind in their mortgage payments, then the long and grueling process of foreclosure begins. This can take anywhere from 3 to 9 months or more, depending on … (17 comments)
It is not as hard as the "gurus" would have you believe.
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