Wholesaling REOs off the MLS in Los Angeles

[Deborah Hill]

Hello Everyone,

Since I have access to the MLS, I really want to look into wholesaling REOs. Can anyone share any and everything about it? I have pulled closed cash sales in the last 30 days and drove to properties to get a feel of the neighborhood and what the property looked like for the price paid.

My buyers list is starting to grow since joining BP.

I want to know what you look for in a property, dealing with the banks, how you come up with your offer, should I be watching certain properties, how do the banks come up with their listing price, etc. (so many more questions I have)

Any feedback will be greatly appreciated.

Thanks