REO owned - Bank CALLED US to take it off their hands

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REO owned - Bank CALLED US to take it off their hands

Jodi DeCarlo
Avon, NY · Member since 2015 · 11 posts · 1 vote

Investment Info:

Single-family residence fix & flip investment in Honeoye.

Purchase price: $19,000
Cash invested: $30,000
Sale price: $73,000

Smaller cottage style house with green shag carpeting and cedar shingles on the inside living room wall. No closets in any of the bedrooms.

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  • Account Closed
    Flipper/Rehabber · Cincinnati, OH · Member since 2020 · 300 posts · 417 votes
    5y

    Always a good situation to be in when the bank is calling you to get rid of a property. Nice job!

    1Reply
  • Jodi DeCarlo
    OP
    Avon, NY · Member since 2015 · 11 posts · 1 vote
    5y

    Yes it is. Thanks

    0Reply
  • Justin Hanson
    Melbourne Beach, FL · Member since 2016 · 20 posts · 0 votes
    5y

    Sounds like a dream! How did you make a relationship with the right person at the bank in the first place?

    0Reply
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