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Updated almost 18 years ago on . Most recent reply

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I've notice something about reo bulk buyers.

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Please correct me if I'm wrong. I see many posts in my short time on this forum and alot of them are from people buying REO's in bulk. How do these investors check the condition of 100 million dollars worth of properties which may even be in different states?

Isn't the condition of the property important in bulk buying?

or do they not care since they are probably going to sell them off to rehabbers ETC..

Even before I got involved with the idea of investing in real estate for a living I've always looked at the home I was buying. So what if any is the difference?

Thanks.

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