Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Local Real Estate Networking
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 10 years ago on . Most recent reply

User Stats

23
Posts
5
Votes
Jennylynn Caldona
  • Property Manager
  • Kent, WA
5
Votes |
23
Posts

Help! My Brother wants to buy a REO property in Tacoma, WA.

Jennylynn Caldona
  • Property Manager
  • Kent, WA
Posted

Hello,

My Brother wants to buy a particular house in Tacoma, WA that is bank owned. He wants to buy it using a traditional loan. Before I send in an offer to the bank I wanted to know how I can squeeze myself into the deal? I am not a agent. I want to get 3-5% of the selling price. I am not sure how Wholesaling works in Tacoma - Spanaway Area but I want in on this deal! I appreciate any tips and knowledge you can provide. ^_^ Thanks!

Most Popular Reply

User Stats

13,451
Posts
8,349
Votes
Steve Babiak
  • Real Estate Investor
  • Audubon, PA
8,349
Votes |
13,451
Posts
Steve Babiak
  • Real Estate Investor
  • Audubon, PA
Replied

Sorry to be blunt but you sound greedy. Very unlikely for you to become a middle person on any REO deal without being a licensed agent BTW.

Loading replies...