Hello to you all, HAVE AN IMPORTANT QUESTION:
I have flipped several dozens of homes over the past 20 years, the old fashion way (purchase, fix-up, and sell). I am fortunate to have a great realtor/s, a great title company (who I asked last week, and will honor assignments),etc... I am new to Dean's strategies. I have started my list of investors through research of a cash buyers list from my realtor, and researching through the tax sites!
QUESTION IS: I believe I understand how to do this with a private owner, but with REO's everywhere!, how do I approach the BANK with a low offer and TIE UP the deal for one of my investors? With no money down, does the bank need to or Have To know I am doing an assignment contract? How to do this??
Hope this isn't asking too much of you to answer.
SO ANXIOUS TO GET STARTED!
sincerely, Scot in FL
One question on REO's please
September 22nd, 2011 | posted by scotsnyder
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