REO (Real Estate Owned) Properties

[Jared Prevost]

I've been doing research on private lending and my research led me into closing documents research which brought me to foreclosures and REO properties.

Have other investors had luck purchasing REO (Real Estate Owned) properties? I'm sure there are not a lot of these properties around right now, but it seems like a great way to snag a great deal other investors may not have seen (I'm not sure these properties go onto the MLS, perhaps they do).

I found this online map and it seems super helpful: REO Map

If anyone has any experience with REO, please respond and let me know!