I think it best to have someone who is part of your organization whom you can train yourself.

If it is a stong organization with liquid assets (like inventory) you should get something.

I have been giving notice on my REO offers that I intend to resell the property - however I still have not gotten any offers accepted yet so perhaps I should remove this.

All that said, if you're confident of your numbers -- you can really purchase for $175K, you can really rehab for $20K, you can really sell for $270K, and your fixed costs aren't much more than $25K -- it sounds like you probably have a very decent deal.If you were to rehab and resell it yourself, you could likely make $45-55K.

I'm looking to purchase reo properties and then immediately re-sell, using a double closing.

You should disclose the Seller is not owner of record but you need to also not disclose too much in the listing.Some have had success with," Sale is contingent upon seller exercising its option to purchase and resell.

It's a non-profit organization that partners with companies like Bank of America and Citigroup.And, for reference, their default rate on loans is less than 2%...making them MUCH more efficient and successful than any for-profit lender or financial institution I've ever heard about.Here's the link to the 2010 event I'm guessing you're referring to:http://www.examiner.com/mortgage-in-atlanta/naca-event-draws-thousands-to-gwcc-seeking-foreclosure-relief

You can re-sell and get that $ back when you move.

They need to be banned and the anti-trust laws should be brought to include the suppliers of labor organizing themselves.Bryan, regarding Indian wages.

If you live in it for a certain period (usually one year, but the loan docs will be the determining factor here), and do your fix up while living there, you can re-sell at the end of that period.