I sell bank foreclosures...ask me anything!
Hey everyone, I have been selling bank foreclosures since 2009. I never asked for this LOL it was thrust upon me.
Anyway, I have a recurring character in my life... The cash investor who "saw the property on zillow" but doesn't really understand what REO means or how the banks operate.
If anyone has question about buying a bank foreclosure, fire them off. I will do my best to answer. I am looking to build up a network here on BP. In a way I am a "long time listener, first time caller" jumping into the forums here. HMU!
Most Popular Reply
Hello and welcome!
My question is, when do you think we will see foreclosures make a significant come-back?
We used to buy a lot of foreclosures back in the day but that source has long dried up. We mostly buy off market now but I remember that is actually how I started investing, by flipping foreclosures.