BiggerPockets

REOs for Sale

Friday, June 12

I am currently seeking real REO buyers/investors. My seller client who I am direct to, have checked out and have been in their office currently have around 900 REO homes ready to go.  Homes can be purchased individually or in bulk. 70% have photos, site inspection, clean title, warranty deeds etc. Can be purchased around 15k.  Our management company will tenant the property with new buyer, seller finance it from 32-50k+ on a 30 yrs land contract at 10%.  This can be done in 90 days or less.  We also have buyers lined up to buy these tenanted properties starting at 22k.  So you can buy around 15k sell 22k make 40%+ in approx 90 days.  I do not know of a better low risk high return opportunity out there.