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Updated over 11 years ago on . Most recent reply
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OPPORTUNITY FOR FIRST REO BULK PURCHASE
I have the opportunity to move forward with my first Residential REO Bulk Purchase. I have someone who will commit to providing the financing so long as I can prove the opportunity.
As it currently stands, the main goal of this purchase is to rehab the properties in the package and sell them at market value to retail buyers. To supplement my lack of experience in this arena, I'm looking for an experienced partner to take the lead.
My question is for anyone who can provide valuable insight :
What are the particulars of a bulk reo investment that I should be giving special consideration to?