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Updated over 14 years ago on . Most recent reply

Travis Newton's profile image
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Travis Newton
  • from Texas
  • Member since Jul 28, 2010

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Travis Newton's profile image
Travis Newton's profile image
Travis Newton
  • from Texas
  • Member since Jul 28, 2010
Travis Newton
  • Texas
2
Votes |
39
Posts
Wholesaling

Wholesaling REO's?

Travis Newton
  • Texas
Posted

Is it possible to wholesale REO's? There are 3 that I've located and apparently in speaking with the neighbors they've been vacant for 2-3 years. The average value of the homes in that area range from 120k-150k, so I'm not sure if these would be worth wholesaling.

Thanks!

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Joshua D.'s profile image
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Joshua D.

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Joshua D.
Joshua D.
#2 Questions About BiggerPockets & Official Site Announcements Contributor
  • BiggerPockets Founder
  • Hawaii
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Joshua D.
#2 Questions About BiggerPockets & Official Site Announcements Contributor
  • BiggerPockets Founder
  • Hawaii
Replied

Travis -
We did a few thorough posts on the subject; I think they will prove to be very helpful to you.

REO Wholesaling FAQ

REO Wholesale Deal: Step by Step

How to Close REO Wholesale Deals: Part 1
How to Close REO Wholesale Deals (Part 2 of 5): Using Quitclaim Deeds
How to Close REO Wholesale Deals (Part 3 of 5): The Double Closing
How to Close REO Wholesale Deals (Part 4 of 5): Using an LLC
How to Close REO Wholesale Deals (Part 5 of 5): Using a Land Trust

  • Joshua D.
  • Podcast Guest on Show #100
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