REO and Foreclosure Investors

I'm located on Long Island and currently specialize in REO (bank owned) management and sales. Let me know if you're looking for Investment properties in my area or if you want to talk about the industry. I'm always willing to share my knowledge and gain some of yours!

Pac82

Edited: 06/26/2010 at 02:52AM

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3 posts
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Sep 08 '05, 08:12 PM

Have been doing this in New Jersey for a while but we share a lot of the same asset companies. Let's talk

Edited: 06/26/2010 at 02:52AM

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1 post
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Sep 04 '06, 10:09 PM

I am interested in finding out how to get started in REO Asset Management and Sales. I am located in Massachusetts, which currently has one of the highest foreclosure rates in the nation. Any information you can offer will be greatly appreciated.

Thanks! :lol:

Edited: 06/26/2010 at 03:05AM

Brian Schroeder

Homeowner · springfield , Illinois

Pro Basic

23 posts
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Oct 10 '06, 09:09 AM

What is a REO (bank owned) management and sales? or a real estate holding co. what does it take to get staterd? I think I would be more intrested in RE holding co. I'm thinking about trying to get a couple of property's and hold for income, or sell them as a profit. Is this a RE holding co, or just an invester? thanks.

Edited: 06/26/2010 at 03:08AM

Janine Love

Residential Real Estate Broker · The Woodlands/Houston, Texas

1 post
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Dec 09 '06, 10:22 PM

I am an REO Listing Broker in the Houston Area and I work with investors helping them purchase homes, hiring contractors, and either re-selling the homes, or managing the properties as rentals for out-of-state owners. I have been doing this successfully now for over 14 years in the Houston Area. New Investors are ALWAYS welcome, and my office is always sending out new listings of homes that would be great investments to our investor list.

We also look for money investors (ie. investors who don't want the risk...they just put up money at a higher than bank return).

Email us anytime to get set up on our investor list, letting us know what you are looking to do. If you are money investors, please note this in the Subject Line so we can send you out more information on this program.

We look forward to helping you be successfull in the Real Estate Investment world.

Exceptional Realty

Edited: 06/26/2010 at 03:15AM

Erik Misyuk

Interior Decorator · brooklyn, NY

123 posts
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Dec 16 '06, 06:08 PM

I am in New York what reo do you have now?

Edited: 06/26/2010 at 03:16AM

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Jan 17 '07, 08:30 PM

There are a few questions that I have. Would it be possible to email me ?

Thanks
Eugene

Edited: 06/26/2010 at 03:19AM

Jim Williams

77 posts
1 award
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Jan 26 '07, 09:14 PM

jrealtor1

i might be interested in the Houston area for properties and possibly your investor list as well. i will email you, but since i am new and need to post 5 times before i can respond to some topics, i thought i would also do this.

thanks

jim williams

Edited: 06/26/2010 at 03:20AM

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2 posts
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Mar 23 '07, 06:55 PM

Originally posted by "pac82"

Hey everyone,

I'm located on Long Island and currently specialize in REO (bank owned) management and sales. Let me know if you're looking for Investment properties in my area or if you want to talk about the industry. I'm always willing to share my knowledge and gain some of yours!

Pac82

Hello Sir, my name is Eli from New Jersey and will be interested in more information about REO properties for sale. If I buy bulk the LTV% will be lower?

You can e-mail me

Thank you for your consideration to this matter.

Eli.

Edited: 06/26/2010 at 03:26AM

Jon Bellomo

Real Estate Consultant · San Marcos, CA

1 post
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Apr 02 '07, 05:29 AM

Found what I needed.

Thanks,

Edited: 06/26/2010 at 03:28AM

Guy Anthony

15 posts
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Apr 02 '07, 06:15 AM

hello-
i am an investor in nyc-
please email me with your investment opportunities--my co. does rehab to sell and income properties-
thanks

Edited: 06/26/2010 at 03:28AM

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Apr 05 '07, 06:01 AM

Pac, I am also from LI and would like to discuss REO's and learn from some of your experience. Give me a shout.

Edited: 06/26/2010 at 03:28AM

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Apr 10 '07, 10:52 PM

Hello, I have bulk REO's. However they are located mostly in MI. If you are interested please feel free to contact me.

Thanks

Originally posted by "jbellomo"

I am with a company in California that represents investors who are looking for bulk REO's that they can buy for cash, no financing needed. We have investors that range from being able to buy 5 to about 100 homes at a time.

I am looking for companies with bulk sales available so we can get a deal in place to do business. Does anyone do bulk sales or know any company that does? Any input would be greatly appreciated.

Thanks,

Edited: 06/26/2010 at 03:29AM

H S

1 post
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Apr 11 '07, 12:11 AM

I am interested in getting info about REO properties on Long Island, please contact me, thanks !

Edited: 06/26/2010 at 03:29AM

James Butsikares

Real Estate Investor · Brooklyn, NY

1 post
50 influence

Apr 20 '07, 02:08 AM

I am an investor in NYC. Please email me any investment opportunities you may have.

Thanks.

Edited: 06/26/2010 at 03:31AM

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1 post
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Apr 24 '07, 02:34 AM

I have several investors with unlimited funds to buy bulk REO portfolio packages. I have $35M proof of funds right now for Southern CA (pref. San Diego County). If you have access to bulk packages in these areas, please contact me immediately. Thank you.

Derek Taylor

Edited: 06/26/2010 at 03:31AM

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1 post
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May 03 '07, 07:35 AM

I have many Buyers with unlimited funds for these. Please contact me immediately!

Edited: 06/26/2010 at 03:33AM

Jim Clifford

Commercial Real Estate Agent · Gilbert, AZ

1 post
50 influence

May 03 '07, 10:39 PM

I also have investors that are looking for REO homes in bulk. They will look in all states, pref (AZ, NV, TX, FL, UT, CO, NM, CA). They have big pockets.

Let me know what connections you may have.

Jim

Edited: 06/26/2010 at 03:33AM

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· Tyler, Texas

69 posts
1 award
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Jun 14 '07, 11:41 AM

Thats what we do. Email me your orders and Ill fill them, no POF's required until you see the executive summary and indicate you want the assets.

Edited: 06/26/2010 at 03:39AM

Account Closed

3,396 posts
3 awards
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Jun 18 '07, 04:52 PM

The thread started some time ago. It seems like there is still a bit of interest. Not much was ever said about the asset management and sales side of the business. Odd given that was the start of the thread.

I am an end investor. Rather well established so dealing in individual transactions and portfolios. Mostly with the view of being a buy and hold investor but ever deal is different. I purchased my first REO in 1983 or 1984 (memory loss) in San Jose CA.

These days I focus a lot on deals that will cash flow if I am holding long term. I mean really cash flow after taking 40% off for running costs like property management and other things.

John Corey

Edited: 06/26/2010 at 03:40AM

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