What is the best way to close an REO Wholesale?

What is the best way to close an REO Wholesale?

Boise, ID · Member since 2015 · 14 posts · 0 votes

I'm curious as to what people think is the best way to close a wholesale deal which is an REO?

I know banks don't want you to assign the contract.

From what I understand with an LLC, it sounds like it can get complicated after you close with your end buyer.

My thought was to add your buyer to your original sales contract and then have them buy the rights of property from you for an agreed upon amount?  

Any helps or tips would be great appreciated?

0Reply
15 views

No replies yet. Be the first to reply to this discussion.

Join the conversationCreate a free account to reply, vote on answers and follow this thread.