I have a couple houses that I'm interested in wholesaling but they are owned by the city and/or by the bank. How do I go about contacting them to get the house under contract ?
It can take some time to get to the right person but just call the bank and ask for the REO department. (Real Estate Owned) Same thing with the city. Try to get the whole list not just the ones that you are interested in now. Make sure that you have your buyers lined up so you can safely get it under contract quickly. If you don't have a buyers list, join a local real estate investors club and get about 35 buyers names and contact info before you start writing offers. These deals usually have short fuses.
It can take some time to get to the right person but just call the bank and ask for the REO department. (Real Estate Owned) Same thing with the city. Try to get the whole list not just the ones that you are interested in now. Make sure that you have your buyers lined up so you can safely get it under contract quickly. If you don't have a buyers list, join a local real estate investors club and get about 35 buyers names and contact info before you start writing offers. These deals usually have short fuses.