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Updated over 16 years ago,

User Stats

18
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0
Votes
Bill Robinson
  • Alabama
0
Votes |
18
Posts

Single bank with a geographic cluster of foreclosures

Bill Robinson
  • Alabama
Posted

I am not sure if this belongs in the "Bulk REO" forum or not.

I know that there is a single bank (a large one) that is listed as the current owner of quite a few properties in a very dense area. Many of these properties are something I would be interested in investing in - with the proper discount.

Is there some process or technique for engaging a bank in such a situation to discuss a multi-property purchase? And is this something that I could expect to allow a more significant discount? Better financing possibilities? I am interested in learning what you all can tell me about this.