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Updated over 15 years ago on . Most recent reply

Rael Mussell's profile image
Rael Mussell's profile image
Rael Mussell
  • Real Estate Investor
  • from Canton, Michigan
  • Member since Aug 12, 2009
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3
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Rael Mussell's profile image
Rael Mussell's profile image
Rael Mussell
  • Real Estate Investor
  • from Canton, Michigan
  • Member since Aug 12, 2009
Connect
Rael Mussell
  • Real Estate Investor
  • Canton, MI
3
Votes |
18
Posts
Foreclosures

Does REO also mean Cash only?

Rael Mussell
  • Real Estate Investor
  • Canton, MI
Posted

So if a property is REO, does that mean that it's a cash only deal? I can't aquire the property through financing?

I thought I had a little gem, but my mentor said it was a cash only deal and the only way I could think to identify that is by it being a REO?

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