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Updated over 7 years ago on .

User Stats

29
Posts
6
Votes
Angela Liu
  • Washington DC
6
Votes |
29
Posts

Looking for a DC metro investor - mentor on REOs, foreclosures

Angela Liu
  • Washington DC
Posted

If any (REO, foreclosure residential property) investor around the DC metro area is open to letting me tag along (walking through homes, REO auctions, or any part of the process) in return for any free admin grunt work on my end you can think of, feel free to message.

Context: Looking to purchase first SFR long-term rental next year in the South- probably need to consider REOs, foreclosed, undervalued properties. Since, I'll be in the DC metro for a few more months, I'd like to take the time to learn about the challenges of REOs from the property hunting, repair valuation to the buying, auction, post-buy, rehab process.

Again, I'd be buying out of state once I relocate. So I'm focusing on the general knowledge that can help me with REOs or 'under valued' properties (the specific market aside). I am reading a lot on BiggerPockets but I think watching someone at this point go through REO properties online or in person, seeing them think aloud on repairs and costs, etc. would provide a different and key way to learn. Eventually, I'll be relocating to the South and doing the same thing but I'd rather start learning now. Let me know what I can do for you!