Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Level up your investing with Pro
Explore exclusive tools and resources to start, grow, or optimize your portfolio.
10+ investment analysis calculators
$1,000+/yr savings on landlord software
Lawyer-reviewed lease forms (annual only)
Unlimited access to the Forums

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Foreclosures
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 7 years ago on . Most recent reply

User Stats

2
Posts
0
Votes
Antoinette C.
  • Charlotte, NC
0
Votes |
2
Posts

Bulk REO Tape/Direct Sellers: How to Connect w/Them and Proceed?

Antoinette C.
  • Charlotte, NC
Posted

Hi everyone!! I have been browsing BP for a loong time now and have finally jumped into the real estate investing arena. One of my main goals is as a wholesaler and I have 1-2 buyers across the US, so I welcome any tips, tricks....More Buyers and any other information you all can provide. That all said....my "other" main goal is to find legitimate REO tape from a Direct seller of Bulk properties (no chains).  I stumbled upon a buyer of tape while building my buyers list and he can buy $1M/ day in tape!! (I know, right!?!?.....and yes, I did my research...he's legit). He always needs product but as a "newbie" how do I /how can I make this work and produce? Do you all know of any direct contacts of tape/REO asset managers, etc? Thank you all and I look forward to connecting and sharing with all of you!

Most Popular Reply

User Stats

44,104
Posts
65,153
Votes
Jay Hinrichs
#1 All Forums Contributor
  • Real Estate Consultant
  • Summerlin, NV
65,153
Votes |
44,104
Posts
Jay Hinrichs
#1 All Forums Contributor
  • Real Estate Consultant
  • Summerlin, NV
Replied

@Antoinette C. 

  this has been talked about on other threads.. the bottom line Is you don't.. Asset managers do not deal with newbie wanna be RE wholesalers.. they just don't.

Put your efforts into something realistic.. And TRUE buyers of tapes  don't deal with newbie  wanna be RE wholesalers either...

Its just a big circle jerk and daisy chain of those who are trying to make money selling to those that are dreaming of making money.

business profile image
JLH Capital Partners

Loading replies...