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Updated over 11 years ago on . Most recent reply

User Stats

153
Posts
13
Votes
Justin Morris
  • New to Real Estate
  • Saint Petersburg, FL
13
Votes |
153
Posts

Buying REO/Foreclosures Directly From The Bank

Justin Morris
  • New to Real Estate
  • Saint Petersburg, FL
Posted

I attended a seminar yesterday in which a very successful investor was explaining how to purchase REO/Foreclosures directly from the bank. She explained that you can buy directly from the bank and use the equity in the property you want to buy to finance the sale. I understand all of this, but what I'm not clear on is where do I go to get this funding? From who? If anyone has done this before or does this, I would be grateful for some insight and advice.

Thanks

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