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Forums » Bulk REO Discussion and REO Dealmaking » Want 30 million bulk reo's

Want 30 million bulk reo's Subscribe to Want 30 million  bulk reo's

17 posts by 10 users

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Real Estate Investor · Atlanta, Georgia


I have a buyer looking to buy 30mil bulk reo's.

-Single family dwelling homes{price range 130-150}-{Southeast}

-Buy 30-40% {BPO}


Real Estate Investor · Edmond, Oklahoma


Charles I can help, my contact info is on my profile, please feel free to add me and contact me


Real Estate Investor · Atlanta, Georgia


Anyone have access to bulk reo's, dont pm me if your going to waste my time.


Real Estate Consultant · Little Town, Oklahoma


Originally posted by Charles Willis
I have a buyer looking to buy 30mil bulk reo's.

Have you ever closed a 30 million dollar deal transaction? Has the buyer ever closed anything "with you"

Have you vetted the buyer? Why do they want to jump in while values are plummeting?

Wasting time seems to be more in the eyes of the beholder!


Real Estate Investor · sioux falls, South Dakota


Charles,
Don't take this wrong. The previous questions were good ones by Christopher. We get these type of posts often from new posters and it is like crying "wolf" so many times you eventually become numb to them.
The odds are against you putting this kind of deal together. I've done a lot of real estate syndication over the past 35 years and was very good at it( check the Meet the Investor section here on BP) and yet VERY few deals like this EVER go together.
Good luck on your REO purchase Charles. Rich


Real Estate Investor · Atlanta, Georgia


Hello,
Chris to answer your question No ,
That,s why i,am asking As i stated we have been geting a lot of calls from Bulk Reo Buyer,s , We have had several Buyer,s wanting to spend 10,million 20 , million Also we verified their Funds , A lot of seller,s are a waste of time .

95% of the properties on our web site are REO,S ,i used to by Unfinishe construction Directly from Indymac ,
Before it goes to the market , But indymac, is not selling in Bulk at this time , I can name several banks that i have a 1on 1 realationship That are not
selling in Bulk .

I don,t ever use Forums but i thought i would give it a try to see how things go .

I will find a bank that will sell In Bulk .

If you have any suggestions feel free to
call us ,

[REMOVED] office
Charles or David
We will be glad to talk to you let,s find a way to get the job Done Together .

[REMOVED]


Real Estate Consultant · Little Town, Oklahoma


Originally posted by Charles Willis
Hello,
Chris to answer your question No ,
That,s why i,am asking As i stated we have been geting a lot of calls from Bulk Reo Buyer,s , We have had several Buyer,s wanting to spend 10,million 20 , million


Set up a call between the "buyer" ....you and myself

I'll cut to the chase in 2 minutes.....if they're a buyer we'll help

If they aren't then there'll be one less Christmas card you'll need to send......cause I usually don't make friends when the buyers turn out not to be real!

Hard to imagine, huh....... :mrgreen:


Residential Real Estate Broker · Murrieta, California


So Chris
Are you saying you have the ability to produce
Reo product? (assets) Or just that your experience
Sniffs out the non- buyer.

Because Honey if you can get it
I want it, and can sell it !!


Real Estate Investor · Atlanta, Georgia


Originally posted by Christopher Lippincott
Originally posted by Charles Willis
Hello,
Chris to answer your question No ,
That,s why i,am asking As i stated we have been geting a lot of calls from Bulk Reo Buyer,s , We have had several Buyer,s wanting to spend 10,million 20 , million


Set up a call between the "buyer" ....you and myself

I'll cut to the chase in 2 minutes.....if they're a buyer we'll help

If they aren't then there'll be one less Christmas card you'll need to send......cause I usually don't make friends when the buyers turn out not to be real!

Hard to imagine, huh....... :mrgreen:



1. First of all do you have any BULK REO, that you want to sell.

2. If the answer is yes then I will need you need sign a confidentality form.

3. I need you to give us a call at the office.

{Also have you sold any bulks between 10-30million in bulk reo's}

An please pm me with your email an telephone number.


Real Estate Investor · sioux falls, South Dakota


This thread looks like it is getting interesting. I don't have a 20-30 million reo package, but I did sleep at a Holiday Inn last night!! Oh, and I'm at the airport in FL right now after spending 5 days looking at Fairly large projects, some sent my way by BP board members. Thank you John, Jason, and Will. We have an offer in at 2.4 million cash on one deal, and 3 LOIs going out tomorrow in the 3 million price range for each. I did post asking for stuff to look at on here and these were the only responses. Thanks again. I hope your work pays off for all of us. Rich in Florida.


Rehabber · Santa Clarita, California


I have great news!!!!!!!!!
I didn't close a 30 million dollar bulk REO deal and so far, I am second in line on a 2.4 million apartment complex and not first, but . . . .

I did save a ton of money on my auto insurance by switching to GEICO!

Small_barnardenterprisesWill Barnard, Barnard Enterprises, Inc.
E-Mail: info@barnardenterprises.com
Website: http://www.barnardenterprises.com
info@barnardenterprises.com


Real Estate Consultant · Little Town, Oklahoma


1. First of all do you have any BULK REO, that you want to sell.

Only to principals.....it's institutional


2. If the answer is yes then I will need you need sign a confidentality form.

Not a chance


3. I need you to give us a call at the office.

No problem


{Also have you sold any bulks between 10-30million in bulk reo's}

Of course


My email address is in my signature

I don't do broker communication so if you want my help make sure there's a check writer on board. I just do not have the time to answer redundant nonsense

Yes I can get distressed assets....no I don't know what they cost because I don't know where I'd take the buyer. I don't know the protocols for the very same reason!

You can expect to deal with Goldman, Deutsche, CSFB, Citi or similar

If you want to waste my time.....it'll be a short conversation!



Real Estate Consultant · Siesta Key, Florida


This is getting good!


Commercial Lender · Mission Valley, California


Hi Chirs,

If you have legitmated product, please contact asap as well as the other too.

Im would like to vett the seller and see what their talking about.

Kind regards,
Marlo Barge/CFO


Real Estate Investor · Muncie, Indiana


I have real product where every you want It.
I close deals and expect you to do the same
As long as you are the buyer or can put the buyer on the phone within 6hrs
no more then 2 people In the middle
3pts most.
2M min.
POF
bank-bank


BiggerPockets Founder · Denver, Colorado


Originally posted by Brent Uitermarkt
As long as you are the buyer or can put the buyer on the phone within 6hrs


And what happens if someone gets a buyer on the phone in 7 hours?

Small_bplogo20aJoshua Dorkin, BiggerPockets, Inc.
E-Mail: webmaster@biggerpockets.com
Telephone: 877-831-4704
Website: http://www.biggerpockets.com
Be sure to check out the BiggerPockets Blog at http://www.BiggerPockets.com/renewsblog/


Real Estate Investor · Muncie, Indiana


I'll try to make that work
The point Is that they can put the buyer on the phone




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