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860
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324
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Mayer M.
  • Investor
  • Cherry Hill, NJ
324
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860
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Former Bank brankch excess inventory sale

Mayer M.
  • Investor
  • Cherry Hill, NJ
Posted
Hey, Has anyone had any experience purchasing excess bank real estate inventory? Is there anything to specifically look for or be careful of? There’s a former bank branch that I may be able to purchase for really cheap, but have no experience in this or commercial in general. To be honest, I have no plan in this case, but if I can get it for cheap enough perhaps it’s worth it? Thanks!

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100
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65
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Phil Christian
  • Rental Property Investor
  • Yorba Linda, CA
65
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100
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Phil Christian
  • Rental Property Investor
  • Yorba Linda, CA
Replied

The vault could/might be impossible to remove without a lot of $$$.  Other than that, bank branches are typically good projects because of their locations and parking. Just generally speaking from SoCal real estate perspective. 

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