Does anyone know if Bank of New York Mellon occasionally sells properties that never hit Realtor.com ?

Welcome @Seamus Kennedy.I am a cash buyer of SFR in Montgo and ChesCo (occasionally Delaware County) in good school districts.Looking for flips (target 20% +) or rentals in good areas.

And yes there will be more drama like, significant others "stopping" by and not living there, smoking not just cigarettes, drinking to get drunk, and the occasional I have mouse so call an exterminator now complaint.

I wish you lots of success and I hope you don't mind the occasional question from me ^^

Bulk REO buyers post occasionally, but don't see much of actual employees/principals of distressed asset funds, hedge funds, etc. that truly move volume on a bank-direct basis.

Although most of these were on the MLS, they were the listings with no pictures besides the front door, and they were definitely not professionally staged lol.PS: You should never count on appreciation as an investor, but at the same time owning 3-5 half million dollar properties and adding 200K to your net worth in those occasional 10%+ appreciation years isn't a bad deal!

I *always* contract with the intention to buy, but occasionally (often during inspection) it becomes obvious the property might be a better fit for my buddy Jim, who is an electrician, or Bob, who is a plumber, or Dave, who is a GC (all of whom flip houses on the side).

Occasionally I’ll get my numbers wrong, but the question is then “how can I make this a good deal for my buyer and myself.”

Who understand all the planning in the world couldn't prevent the reason some of us occasionally need a helping hand.  

Most groups will also have some experienced investors, agents, wholesalers, the occasional lawyer or CPA.