I have also had my sights on the Northern Kentucky and greater Cincinnati regions as the area seems to offer impeccable cap rates and interesting speculative plays as many parts of Cincinnati are gentrifying.I currently work in loan review at a large regional bank and have gained valuable experience from the bank side of the industry.

To offer any better advice here you will need to be much more specific.It is certainly possible to be both a dealer and a RE investor.

I don't trust them.So now I'm here looking for any hints, tips, and suggestions you all have to offer.

When I flip REO's what seems to work well is to offer the property to a buyer for 3%-5% below list price which means you have to get it cheaper to make money.As for transactional funding, most hard money lenders have this service and for the promissory note, the title company or attorney will handle that for you.I hope you got the deal and make some money, good luck!!

You only need one out of 20 to accept your offer, but if your waiting for the seller to offer a bargain you may wait a long time.

There is no reason to offer a homeowenr money in a short sale situation.

It's impossible to tell from the photo, but what I see looks neat and clean.If everything else in the neighborhood looks good and the trailer is clean and tidy with a well maintained lawn, it would make no difference to buyers or renters either one in my town.Especially if you can get it cheap enough to offer it for sale at an attractive price.

I guess if the OP can locate REO's prior to hitting the MLS then maybe he has something to offer.

I will be putting a bid on an REO 6 plex in about a week, and I'm trying to figure out how much to offer with a lot of missing info.RehabThe units appear to be in excellent condition for an REO.

I just got a call from a home owner who has a vacant house in my area, I dont know what to offer her yet but I want to try to get it under contact so we can do a walk through and try to find out the best offer to submit..