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Micheal James
  • Browns Summit, NC
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best way to market bulk housing package

Micheal James
  • Browns Summit, NC
Posted

Good morning! Ive recently come across a package home deal working with a seller. This seller i looking to sell about 100 REO SFR, in bulk.. What are the best ways to market to this level of buyers??

I've tried contacting commercial brokers who might work with investors (seems like it might be successful, just started this deal Friday), and I'm going to post ads on CL and what not, anything else?

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Jon Holdman#3 Real Estate Deal Analysis & Advice Contributor
  • Rental Property Investor
  • Mercer Island, WA
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Jon Holdman#3 Real Estate Deal Analysis & Advice Contributor
  • Rental Property Investor
  • Mercer Island, WA
ModeratorReplied

Does the "seller" actually own these houses? Or is this person "direct to seller"? Are they using words like "tape", "NCND", "POF", or "+3"?

There is almost zero chance there's anything legitimate going on here.  These kind of deals do happen, but the seller (usually a bank) deals directly with the buyers (a hedge fund or some real estate investment syndicate.)  

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