That said, I would be happy to offer you my opinions once I have a more clear picture of your situation.

You do not need a re license to offer on REo properties and the best strategy (my experienced opinion) is to go direct to the list agents and brokers and allow them to double dip the commission.

My agent really couldn't give me an answer as to why except to offer me an uninhabited policy unless I could provide an reason the company would accept for the length of the rehab.

My plan was to offer to list her home in Ohio (with my Realtor hat on) in hopes of getting an offer from a 3rd party and helping her out with that property.

And don't I still have to look through comps to see how much the homes in the area I want to invest were sold for, so I know what to offer for the house?

Thus hopefully being able to close a deal quicker and maybe get a better price since you were able to offer cash.

If you can get a little more info on the WHY, you may have room (and reason) to offer a little lower than 150 and come out even better.

They give a rehab estimate, a recommendation for beginning and max price to offer, estimated market rents, and ARV.

If it's a really good deal, I'd still have the sellers file eviction and then try to get them to offer the tenants cash for keys.

We're going to offer them a 2k reduction in the purchase price, pay for the inspection and appraisal and buy them a washer and dryer if they would like.