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Updated over 8 years ago on . Most recent reply

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102
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Brandon G.
  • Middle Tennessee, TN
17
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102
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Deal with realtor or bank to view property?

Brandon G.
  • Middle Tennessee, TN
Posted

I was informed about a property that is bank owned and has been on the property for 90 days.  The person I know was shown the property (3 bedroom 2.5 bath) by a real estate agent.  I'd like to look into the property to see if it is worth taking to an investor.  Would I be better off contacting the real estate agent that has already shown the property or should I attempt to contact the bank itself?  Is there another way that I should approach this?

I have never flipped or wholesaled a house and I'm searching for a first deal to take to a new investor/flipper I have met to try to learn for my first deal.

Thanks

Most Popular Reply

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5,752
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3,860
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Michael Noto
  • Real Estate Agent
  • Southington, CT
3,860
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5,752
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Michael Noto
  • Real Estate Agent
  • Southington, CT
Replied

@Brandon G. Something else to consider, if your end goal is to wholesale this home do you have the funds to close?  Most REOs are not assignable as is customary in some wholesale deals.  I haven't come across one in a long time that is.

  • Michael Noto

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