Buying REO/Foreclosures Directly From The Bank
I attended a seminar yesterday in which a very successful investor was explaining how to purchase REO/Foreclosures directly from the bank. She explained that you can buy directly from the bank and use the equity in the property you want to buy to finance the sale. I understand all of this, but what I'm not clear on is where do I go to get this funding? From who? If anyone has done this before or does this, I would be grateful for some insight and advice.
Thanks