Non Exclusive Option with Bank

[Seth Hayes]

I've been approached by a bank with a list of 800 REOs that they are looking to unload. They are spread out across the country. I'm thinking that I should have them send me the list with their rock bottom price on each property and negotiate a non exclusive purchase option with them, so I can then turn around and wholesale them knowing what price point I have to hit instead of having to negotiate with both the buyer and the seller on each item.


Is there a better way to approach this than this strategy? Is there anyone here that has used this strategy and can point me in a direction so I can better prepare for my negotiations with the bank? Any help is greatly appreciated.