Buying bank owned foreclosures?

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7/27/2011 8:09:09 AM	Buying bank owned foreclosures?
99finesilver Milwaukee, WI 28, joined Jul. 2011	Anyone have any exp. Doing this? Meet singles at DateHookup.dating, we're 100% free! Join now!
11/1/2011 11:54:29 AM	Buying bank owned foreclosures?
hotncleve Cleveland, OH 62, joined Apr. 2011	what is your interest? I am an investor in Cleveland Ohio.
11/2/2011 11:11:58 AM	Buying bank owned foreclosures?
99finesilver Milwaukee, WI 28, joined Jul. 2011	Interest is to buy income producing real estate..
11/18/2011 9:03:24 AM	Buying bank owned foreclosures?
fun2222 La Jolla, CA 57, joined Feb. 2010	Quote from 99finesilver: Interest is to buy income producing real estate.. Unless you have a lot of money, experience and credit, it is best to buy from a private party. There are many investment clubs on line.
11/18/2011 6:48:21 PM	Buying bank owned foreclosures?
99finesilver Milwaukee, WI 28, joined Jul. 2011	You mean these clubs help you find property deals and help with loans and whatnot?
12/16/2011 11:54:07 PM	Buying bank owned foreclosures?
cocobutter4040 Hammond, IN 43, joined Oct. 2011	Yes, if you find properties that are way way below market values now, Go for it.Go to REALTOR.COM, Put the state that you are interested in, thy have alot of properties there and some have pics of inside and outside of those properties on there.They have the prices and realtors in charge of those properties.Private sellers can be more greedy than BANKS.
1/21/2012 9:19:09 AM	Buying bank owned foreclosures?
char7138 Catasauqua, PA 77, joined Nov. 2008	I've been doing REO's since 1997. Past 5 years , that's all I do. 4 Years ago had to form a team with 2 agents in my office to help me. N. E. , Pa.
4/24/2012 3:29:09 AM	Buying bank owned foreclosures?
mytime113 Greenfield, IN 35, joined Apr. 2012	I have done several. I am currently rehabbing two properties to resell. My best advice is have an exit strategy. Not just one exit strategy but multiples in case you are sitting on the property. Make sure to include carrying cost as well as a strict rehab budget. Remember you aren't going to be living in the house so keep things neutral. I advise to go look at model homes and keep up on market trends. With today's economy make sure you have a realtor pull comps comparable to the property so you have a good idea of what homes in the area similar to yours are selling for. A few personal tips i will advise is if it is possible install ceramic or porcelain tile rather than vinyl. My houses move very quickly due to the cost efficient upgrades. Curb appeal is a big selling point. Plan on spending at least $500 on the landscaping. Like they say a picture is worth a thousand words. Remember that is your potential buyers first impression on the mls. Just for the record I am always looking to partner up with individuals looking to either start investing and help guide them through their first few or even seasoned veterans on larger projects.