REOs are typically on the MLS so your investors may have already seen these deals (depending on how long they have been on there). When I whole sell properties what I typically do is get a property under contract using a Option to purchase. Say the seller wants to sell for $25,000. You would contract with the seller for that price. Now say one of your buyer is willing to pay $28,000. You could assign the agreement to your buyer for three thousand dollars. Then he would close with seller paying them $25,000. I would use a title company to handle the paperwork. Now if you have a buyers ask them what they are looking for go out and find those particular properties. Ask them all the basic questions such as rooms, baths, area and price range. Hope that helped some.
