Newbie REO Investor

[Neil Palmer]

Greetins all. My name is Neil, I am a new member and appreciate the welcome all newbies get. I have had my eyes on this site for a while but only joined now because I believe I can now bring something to the table for our mutual benefit.
I have recently completed my first deals, largely thanks to my mentor/partner and Master Bulk REO Aquisition Specialist. Unfortunately he has to be nameless but he does massive REO deals with some serious institutions. He has a $5 bill monthly revolving budget with top ups if needed.
A recent deal in which I have been involved in with him ( and a nice little earner for self ) has been a reverse sale of $100 mill ( well 98.7 mill ) of bulk purchased and inventoried REO's. The sale was to a large broker who in turn had presold them to 7 of his own smaller accounts.

Now this is the first time he/we have done a reverse but it will be the first of many and thats where I come in.

Right, I'm already fed up calling my friend ' he ' so I am taking the liberty of nicknaming him 'Davey' as I write..He'll enjoy the private humour in that.

Sorry this intro is so long but hope it's some use to some of the members.
My email is somewhere in the system when I signed up.
Cheers, Neil P