My friend/partner want to buy an reo together.

parter has 750 credit score.

I have 652 credit score.

If we we both go on the financing will it lower he's score?

However, I assume that an effective wholesaler is putting a large magnitude of offers out there every week, most of which he/she has never seen personally.

Just Do It" is excellent advice if you're buying a pair of tennis shoes, but terrible advice if you're starting a business (and operating rental properties IS a business).

The actual risk is likely low unless someone wants to make an example of you.I have heard of the idea used to good effect before.

So-- neat and clean, professional, age appropriate, nothing fancy or designer that reeks of money (like I'd have anything fitting that description in my closet anyway-- sheesh :mrgreen: )

are these types of numbers effective also in "cloaking" your identity when using bandit signs?

With this arrangement, my financier in the states, will be effecting your payment deposit to you.

please check every lenders website, all of them do have they reo's right now, and they dont sell in bulk, i think that would be a perfect fit for you, i talked to all the lenders last week, and they are selling it.just not all the properties on hey website are available, like always.and here is the link from this site:http://www.biggerpockets.com/bank-reo.html

What you owe on it has no effect on what you can sell it for.

Presumably never collected.Currently, in Honolulu, when the eviction has FINALLY run it's course, and it's time to take possession, the sheriff walks in, looks around, declares it "junk", and the landlord changes the locks and disposes of the junk however he sees fit.