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Updated over 8 years ago on . Most recent reply
REO Properties
Hello BP community! I'm an investor in San Diego and was looking into using transactional funding to acquire REO properties. I'm looking for investors who are cash buyers and that are interested in working together. These will be double closings since I will be using transactional funding and need serious cash buyers. If anyone is interested please reach out and let me know what areas and price range you are looking for. Let me know if you are interested in meeting up as well to discuss more in detail. I'm looking for REO's that have been on the market for over 60 days that I can get at a discount throughout San Diego. If anyone is a REO agent please reach out as well. Thanks!
Most Popular Reply
Andrew Hall possible but remember, most serious investors looking for properties already have MLS covered and you would not be the only one placing offers if it were a good deal.
For your strategy to work, you need a pool of cash buyers who are missing MLS opportunities. Possible but not probable in the long run.
Good luck!