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...Wholesaling Bank REO's By Land Trust...

Posted on: Tue, 03/13/2012 - 19:55
...Wholesaling Bank REO's By Land Trust...

Hello DG family,
Im doing pretty good in my progress as a new investor, i just got a list of cash buyer sent 2 me from my REA & im ready to start submitting offers.

Im pursuiting wholesale REO & FSBO deals, but im not sure how to put a REO into a Land Trust/Trustee to complete the deal. I don’t have an LLC but I believe it's a simple contract that cud be filled out. But i have no experience at a closing table yet.

Anyone wholesaling Bank property this way?
How could i accomplish this in my California market?

Please be detailed...

__________________

- Look Out World, I smell my FIRST Wholesale deal coming...lol...

- "Ether we evolve or dissolve, but change is inevitable". - Davillion T. Royal Ward

- "All men dream but not equally. Those who dream by night in the dusty recesses of their minds wake in the day to find that it was vanity; but the dreamers of the day are dangerous men, for they may act their dream with open eyes to make it possible". - T.E. Lawrence


Posted on: Tue, 03/13/2012 - 20:43 #1
DWard

here you go

http://www.deangraziosi.com/real-estate-forums/buying-foreclosures-reos-...

__________________

Mike
https://tvallc.isrefer.com/go/RehabLite/renvestr/ Free tools


Posted on: Wed, 03/14/2012 - 02:39 #2
Sweet...

Thanks Mike,
let me go do my homework and read it...

__________________

- Look Out World, I smell my FIRST Wholesale deal coming...lol...

- "Ether we evolve or dissolve, but change is inevitable". - Davillion T. Royal Ward

- "All men dream but not equally. Those who dream by night in the dusty recesses of their minds wake in the day to find that it was vanity; but the dreamers of the day are dangerous men, for they may act their dream with open eyes to make it possible". - T.E. Lawrence