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Bidding on an REO isn’t quite like making an offer on a privately-owned home, where owners generally respond quickly. The basics of wholesaling REOs involves finding listed bank-owned properties and putting them under contract, only to sell bank owned land: them as-is to other investors. You are not flipping houses in the normal sense. You aren8217t intending to close on the house, fix it http://andregzoe108754.blogpostie.com/32140541/houses-for-short-sale-near-me, up and sell it. You are simply making offers, getting one under contract, finding a buyer and selling the house to them. I8217ll break this down into a process below. The basics of wholesaling REOs involves finding listed bank-owned properties and putting them under contract, only to sell them as-is to other investors. You are not flipping houses in the normal sense. You aren8217t intending to close on the house, fix it up and sell it. You are simply making offers, getting one under contract, finding a buyer and selling the house to them. I8217ll break this down into a process below.

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