Bulk REO Properties

Occasionally bulk REO property lists will fall into my lap. And because you know me, your lap better get ready too.

Here’s what I got:

My friend Trace has a list of 199 bulk REO properties that a hedge fund is offloading. It looks like they’re in Alabama, California, Arkansas, Florida, Georgia, Iowa, Illinois, Indiana, Kentucky, Louisiana, Maryland, Michigan, Minnesota, Missouri, Mississippi, North Carolina, Nebraska, New Jersey, New York, Ohio, Oklahoma, Pennsylvania, South Carolina, Tennessee, Texas, Virginia and Wisconsin.

Click here to download the list.

If there’s a lockbox on the property, the code is “AMER”. If there’s no lockbox, then feel free to break in.  :-)

Give Trace a call when you or your buyers are ready to close at 513-923-6439.

Now, to answer some of the questions that I know I’ll get:

1) I know nothing about the properties other than what’s on the spreadsheet.

2) I’m not keeping this for myself because I only want multifamily deals. Notice how you never see any apartment leads around here?

3) No, I don’t want to partner because see #2.

4) The seller is a hedge fund that I do not know personally and I don’t know why they’re selling.

Do your due diligence and make a deal! If you build in a $2K profit on each house in a flip you just made $398,000.

Have fun! To learn the bulk REO secret language and get a free proof of funds letter, click here.


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10 Responses to “Bulk REO Properties”

  1. Bulk REO …… many to do, lots to do, money to make. Thanks, Lynn.

  2. Thanks for the heads up Susan! Like you, I am inerested in multi family deals as well. Your a gem!!

  3. Your Intelligent and give great info always

  4. Thank you so much Susan for your support and info!! Sometime rare in this industry! May you continue to inspire and help other people get into this business!!

    Much Appreciation

  5. Thanks for info on the REO List. Your site and service
    are quite exemplary. Very informative.
    Any idea who/or how to reach/negotiate with Agent for the
    properties in the REO List?
    Thanks again.

  6. I am wondering on how I can find the true end buyer for bulk reo deal. I always a friend of a contact of a guy who knows the bulk buyer.

  7. Susan Lassiter-Lyons 29. Nov, 2009 at 10:49 am

    Deal directly with investors, investor groups and hedge funds. It’s all about direct access.

  8. It’s not your a gem it is you’re ( you are )a gem…

  9. Is this still an active list? If yes, any way of knowing what is still out there and how to establish contact for future lists and buys. Have note/bulk buyers looking for larger packages.

  10. No, it sold about 10 mins after I posted. Feel free to contact Trace though to see if he has anymore.

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