There should be plenty of cash buyers there that can buy your rentals, if they are offered at a nice discount.

Unless you're on a master key system, you're going to need these anyway.

When the cashier tells you "that will be 75 cents", tell her that you own a nice house in a nice neighborhood.

Hi Raymond,Nice to meet someone from the Netherlands over here.

And maybe you don't like the sound of "Buyer's Agent," but if you want the inside scoop with REO properties in the Pittsburgh area, you are going to need to speak with myself, or one of the other few agents who are willing to go through the brain damage that you will certainly encounter. the trick is having somebody who knows the ropes be there, and explain the process to you.

Nicely put Jon

However, I'll still make a nice profit.

On the several REO's that we have made offers on, they are all just a little different in what they require as an offer, some require a full fledged signed contract as an offer, while others just a simple letter.Get one of your real estate freinds in with you and make him/her a little money in the process, and tell them to take you to a nice dinner when you close for giving them the opportunity.

It's a nice easy way to cushion your pockets, and it gives you some overhead cash to work with, that is yours free and clear.

I have about $25k in cash reserves and i don't mind using it but it's would nice to save it if i can.