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Updated over 10 years ago on . Most recent reply

User Stats

50
Posts
0
Votes
Michael Hurdle
  • Wholesaler
  • Suffolk, VA
0
Votes |
50
Posts

Wholesaling an REO

Michael Hurdle
  • Wholesaler
  • Suffolk, VA
Posted

My agent has an REO property that she know the acceptance number on. Can I find a buyer who is willing to pay a little higher and I make the difference? My agent will draw up the paperwork. The bank is asking 38K but they will take 30K and the ARV is 97K - 100K.

Thanks for any advice

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