5/25/12 IMPORTANT ANNOUNCEMENT: MAJOR BP Update Next Week!

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Forums » Bulk REO Discussion and REO Dealmaking » NEED LEGIT BULK REOs Asap..

NEED LEGIT BULK REOs Asap.. Subscribe to NEED LEGIT BULK REOs Asap..

24 posts by 12 users

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Virtual Assistant · carrollton, Virginia


My name is Alicia Jones, With Ideal Capital and RUN Enterprises. Our firm are looking for the real deals, we have buyers that have already proofed up. Our Asset manager that we have working with us is fumbling around, Do you have a legit pool of assets?

Please give me a call at your earliest convenience so that we can set-up conference call.


Real Estate Investor · Marietta, Georgia


Originally posted by Alicia Jones
Our Asset manager that we have working with us is fumbling around,

No offence but hahahahahha

Looks like another "crash and burn"

YIKES!


Residential Real Estate Agent · Bronx, New York


What type of Reo are you looking for? I can talk to my sources to see if they got what you are looking for?


Real Estate Investor · Marietta, Georgia


Originally posted by Alfred Castillo
What type of Reo are you looking for? I can talk to my sources to see if they got what you are looking for?


WOW that sounds like you can REALLY help!

I will talk with my sources - who can talk with their sources - and so on - and so on?


BiggerPockets Founder · Denver, Colorado


Easy, George . . .

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 · Marietta, Georgia


Hi Josh!

Am I out of line? If so I will back off (and please call me)

People looking here need some help MHO - just looking for clarity from the poster...


BiggerPockets Founder · Denver, Colorado


I agree with you, George. You're not out of line in questioning folks . . . I just feel like you're a bit aggressive.

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 · Marietta, Georgia


Originally posted by Joshua Dorkin
I agree with you, George. You're not out of line in questioning folks . . . I just feel like you're a bit aggressive.


Hey - that is what I have found it takes to really get answers.

Brutal Honesty is not easy sometimes - Just like on American Idol - LOL

Do please call me or PM me if I am out of line!

I do honestly do not want to be banned - I DO want to help make the site better!!


BiggerPockets Founder · Denver, Colorado


I appreciate it . . . no need to worry.

So . . . lets see what the folks who were here to make deals are talking about . . .

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/


Rehabber · Santa Clarita, California


It has been abundantly clear that in the bulk REO threads, we experienced investors must be more direct and to the point (aggressive) to prevent the usual fluff and spam posts that are so common place.

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


Real Estate Investor · Marietta, Georgia


Originally posted by nationwidepi
It has been abundantly clear that in the bulk REO threads, we experienced investors must be more direct and to the point (aggressive) to prevent the usual fluff and spam posts that are so common place.

Here Hear!!!!

I concur doctor.


Real Estate Investor · Altus, Oklahoma


Personally I enjoy when Christopher Lippincott gets onto some of these guys :mrgreen:


Real Estate Investor · Miami, Florida


Originally posted by Alicia Jones
My name is Alicia Jones, With Ideal Capital and RUN Enterprises. Our firm are looking for the real deals, we have buyers that have already proofed up. Our Asset manager that we have working with us is fumbling around, Do you have a legit pool of assets?

Please give me a call at your earliest convenience so that we can set-up conference call.

HI Alicia,

Send me a PM or email. I will be able to help out.
I would like to speak with you first, then do a conference call
with your buyers. Thanks!




Residential Real Estate Agent · Bronx, New York


Originally posted by George Wagner
Originally posted by Alfred Castillo
What type of Reo are you looking for? I can talk to my sources to see if they got what you are looking for?


WOW that sounds like you can REALLY help!

I will talk with my sources - who can talk with their sources - and so on - and so on?


I am new to this business and my friend is a investment banker that is one person away from the bank. I am not wasting nobody time here.

Real Estate Investor · Columbia, South Carolina


Our Asset manager that we have working with us is fumbling around, Do you have a legit pool of assets?

Alicia, sounds like your asset manager might be in short supply of inventory. I've almost completely stopped buying from the asset managers I was buying from a year or two ago. If your asset manager has not stayed diligent in looking for new banks or inventory, that source may have dried up.

What area's are your buyer looking in?

JonB


Real Estate Investor · Sarasota, Florida


If you have real buyers we have unique nationwide bulk REO turnkey program with great returns 25% +

Need 1M min.


Real Estate Investor · Marietta, Georgia



. I am not wasting nobody time here.

NOBODY?

Then produce a tape! .... and post it here!


Real Estate Investor · Fresno, California


George,

I think just about everyone who's spent more than 10 minutes chasing the REO daisy chains can post tape.

Can they post the title company where they have closed deals?

How about tax records...
HUD-1's from the bank...

fun times...

We stumbled into " I have buyers with a gal in NV recently...who promptly sent me 6 files for clients:
2 we were already working with (but with 8 less "brokers"
3 were frauds
1 already got what he needed.
1 Needed 2B of stuff who he could close tomorrow...


I've seen only 1 in 30 "buyers" ready to close. They know 50% deals in CA don't exist (even for the biggest packages)

FDIC isn't even selling their NPN's for less than 70%...

Thank God tomorrow's Friday.

Jason Gray
[LINK REMOVED]


Real Estate Investor · Marietta, Georgia


Originally posted by Jason Gray


I've seen only 1 in 30 "buyers" ready to close.


That really is the main point of this game Jason... Real product is easily available - Real Buyers are FEW and far between.

It is amazing to me the amount of multimillion dollar funds documents I have in my possession - and not more than a couple of them from a Buyer that actually has the ability to formulate a plan that has more creativity and forethought than "I want Southern California for 50 cents on the dollar" - Really? SO DOES EVERYONE ELSE!

Real Estate Investor · Altus, Oklahoma


Originally posted by George Wagner
Originally posted by Jason Gray


I've seen only 1 in 30 "buyers" ready to close.


That really is the main point of this game Jason... Real product is easily available - Real Buyers are FEW and far between.

It is amazing to me the amount of multimillion dollar funds documents I have in my possession - and not more than a couple of them from a Buyer that actually has the ability to formulate a plan that has more creativity and forethought than "I want Southern California for 50 cents on the dollar" - Really? SO DOES EVERYONE ELSE!


Hey George while I'm at it I need a tape in California for 50 cents on the dollar :mrgreen:



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