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HomeForumsGeneral Real Estate InvestingInvesting in REO Properties?
Gary Landon's profile image
Gary Landon's profile image
Gary Landon
  • Engineer
  • from Edgewood, New Mexico
  • Member since Nov 10, 2014
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Gary Landon's profile image
Gary Landon's profile image
Gary Landon
  • Engineer
  • from Edgewood, New Mexico
  • Member since Nov 10, 2014
Connect
Gary Landon
  • Engineer
  • Edgewood, NM
8
Votes |
21
Posts
General Real Estate Investing

Investing in REO Properties?

Gary Landon
  • Engineer
  • Edgewood, NM
Posted Nov 19 2014, 05:19

There are several REO Properties in my area that are for sell. From my observations driving around, houses are not selling fast. Some have been on the market for a year or more.

My question is what is and REO property and can they be purchased at a reasonable price to be able to flip?

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