Why I don't Flip REO's & Real Estate Deals posted Online? Investing Flipping Houses

[tedabalos5]

I want to share with you guys a book I just finished reading about REO's this book has step by step procedures on the entire REO process. Check it out is called "REO BOOM" if you want to know how reo's really do work and want to become a successful REO listing agent just follow the REO FARM method.

[emmanuel43]

whats the fee for your training?

[proshea01]

Good information my friend, In my video's,I'm out in the field showing where to and not to buy, good deals vs bad deals, dangers of buying on Ebay, etc. I enjoy your video's, I've watch you before, take care for now

[TheREIMaverick]

NICE!!!! I have shared thsi video with a bunch of my friends. GREAT VID!

[Ibuysellinvest]

Great tip Keep them coming

[RLJ93727]

Like the video

[Marlobarge]

Greeting, we have motivated buyers looking for bulk REO product right now so please contact us at 800-903-5956 asap; thank u.

[guitardrummer87]

If you can get an REO under contract, you can get the broker to add your investor's name to the contract through an addendum (tell the broker he's your business partner). You sign a separate contract with the investor stating you will quit claim deed for a price. Investor brings funds to closing. House closes in both your names then you quit claim deed out of the house for the contracted price. No double closing fees. Haven't tried it yet, but will do it before the new year (hopefully).

-Chris

[TeachMeFlipping]

All sounds great, the bigger issue is that your investor can get access to the same properties bcx most REO's are already advertised online and once he starts his due diligence he will see the listing history of that property which may be ok but your investor has to be on board totally which may not be that easy to do.

let us know how it turns out

"The best deals are the ones that you put under contract from your marketing and you control who knows about it"

The Flip Man

[Milan3463]

So you dont wholesale reo's or do shortsale wholesales?

[TeachMeFlipping]

the only thing i've tried to do is some bulk reo stuff but never tried to wholesale reo's

not saying it's not possible, just not my thang

[yolij1]

I'm going to contact you about the mentoring. You answered my question whether prospecting for properties online vs finding the deals offline is more effective. good tips.

[TeachMeFlipping]

call me anytime

[thugr0meo]

renovating REO/foreclosures with private money is the best way and allows you to earn bigger profit than wholesale..but with no cash or credit, wholesale is the best BEGINNER way to start and earn your way up...best wholesale deals are from your own marketing!!!

[TeachMeFlipping]

true

[vcredle]

Once you have a contract assigned can you assign it again?

[TeachMeFlipping]

Yes, you can do a double assignment but follow the deal

[samsmith887]

great vid

[TeachMeFlipping]

thanks a lot