How to Successfully Flip REO Properties
Since the “tax income credit” has expired, it is predicted that bank’s inventory of REO properties will begin to rise back to countless numbers. This in turn encouraged me to take a deeper look into REO properties and wholesaling them. Wholesaling an REO is a totally different monster then just a normal wholesale deal. There are rules and protocols that you must follow or your chances to get these deals done are very slim. You have to know what you are doing.
I begin to research more on REO properties toward the end of 2009. That is when I ran across Steph Davis’ ebook entitled “Flip This REO“. In this eBook, Steph covers every question that you have now and will have in the future as you begin to flip REO properties like pancakes! Yes, that easy!! Banks are now becoming more
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