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.
Wholesaling
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 8 years ago on . Most recent reply

User Stats

54
Posts
15
Votes
Wayne Freeman
  • Wholesaler
  • Pawtucket, RI
15
Votes |
54
Posts

FLIP THIS REO BOOK

Wayne Freeman
  • Wholesaler
  • Pawtucket, RI
Posted

I been reading about wholesaling reo and it seems like a good stradegy to add to my belt with direct mail.  I heard this is a good book to learn step by step  O ya I heard it was free!  The book is written by steph Davis.  I cant find the book anywhere.  I beleive it used to be at her website flipthisreo.net but the website does not exist anymore.  Maybe if she got her name as a keyword she will help :)    

Most Popular Reply

User Stats

438
Posts
344
Votes
Chris Piper
  • Wholesaler
  • Mishawaka, IN
344
Votes |
438
Posts
Chris Piper
  • Wholesaler
  • Mishawaka, IN
Replied

@Wayne Freeman REO's are a good way to make money wholesaling, but they do usually require more earnest money(typically $1,000), and you have to know where to find them. Check out Preton Ely's REO Rockstar system. It's pretty cheap, and he knows his stuff. Also, a lot of bigger banks have some REO's listed on their websites, but they hold back a ton of inventory called "Shadow Inventory." Don't know why, but they do.

You need to find "Asset Managers", they are the people that control the REO's at banks. You can find them by searching for "Asset manager" on LinkedIn. Connect to them and you should be able to find plenty of inventory. Keep in mind that there might be a lot of competition with those, but if you get in good with the asset managers, they might hook you up. Good luck.

Loading replies...