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Updated almost 11 years ago,
Wholesaling Reo
Hello everyone,
I am new to the community and have been reading up on wholesaling REO homes. I am currently looking to wholesale homes located in the city of Detroit where property values are already low. There are many people looking to become home owners vs. renters and also many people looking to become landlords that are just unable to find the deals they desire.
Wholesaling homes will be a new adventure for myself and any advice will be greatly appreciated. I do understand that the market does not allow for much profit however even making a few thousand per deal would be a great start.
Please advise and thanks in advance for any help!