OfflineI read an article recently about buying bulk reo's at deeply discounted prices, as something to look forward to in 2012. There are so many foreclosures and so much shadow inventory that an investor can get deeper discounts with bying more than one foreclosure at a time and that banks are going to do this.
It makes sense to me.
Does anyone have any experience at buying foreclosures in bulk?
Does anyone know where I can find more strategies and ideas in buying foreclosures in bulk?
Thanks, James
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Can be done if you have $500,000 (or more) in liquid assets. That cuts out most people here. Syndication, all sorts of ways for ACCREDITED investors to pool their money and buy in bulk. SEC regulations apply!
Michael Mangham
Mentoring/Team Building Nationwide
MD Home Acquisitions LLC
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