wholesaling reo on mls

[Jay Thackerson]

How can you get around the 60 day hold requirement the bank ask

for when you are trying to wholesale it to a investor

thanks,

Jay

[Phil Z.]

- The requirement isn't meant for anyone to get around it.

- A 12 month loan is not transaction funding for wholesalers. That is a hard money loan for flipping the property.

- If you want to master wholesaling bank properties, you need to know who owns the property and their addendums / requirements.