Best website for buying wholesale REO?

Question

I am tired of going to websites with stale or overpriced properties?  What website have you found that are really selling wholesale properties?  I don't mind paying a subscription if they are really offering wholesale prices.  :D

John Chan · Answer

Sometimes good deals aren't found on websites. You have to find the deals yourself. If you don't know how, then you can join your local REIA, and get to know some of the wholesalers there. Not every wholesaler has a website where they keep updated information on their properties. Get to know the investors in your area.

Jonathan Buerkert · Answer

Have you heard of the new site that [LINK REMOVED]?  I have bought, marketed, and sold investment real estate on many different sites (Ebay, Bid4Assets, HudsonMarshall to name a few) and from what I've seen on [REMOVED], they are going to revolutionize the online process of buying and selling investment real estate. 
                    
                    First of all, they immediately allow you to resell the properties you purchase to endusers on their site.  Their focus is on seller financing, which is ingenious because as soon as people find out that they can buy properties on a website without having to qualify for a mortgage, they are going to flock to it.
                    
                    Secondly, their product is directly from the nation's largest lenders, like Fannie Mae and American Home Mortgage.  They're buying in bulk so you don't have you.  Their purchase minimum is only 5 properties, and yet, your price per property is discounted like you're buying 100.  
                    
                    Lastly, they offer property management services if you buy your properties in a company name, so essentially, you can buy properties in any city or state across the nation.  Services include inspection, marketing, and sales including seller financing and servicing of the note.  All you have to do is sit back and collect on your investment.

Kevin Kaczmarek · Answer

Buddy,
          
          What city are you looking to purchase properties in? We do all our business in the Detroit area at [LINK REMOVED]
          I know of several wholesalers across the country as well. Let me know!