The investing opportunity that won't come again in your lifetime. The perfect nightmare for bankers - a dream come true for investors ; Why REO investing saves time, hassle, and money compared with traditional preforeclosure and short sale investing ; How to overcome your fear, set goals, and get started ; Overview of the REO deal
REO deals, step by step. Where to get the money ; How to research your market, create and investing plan, and develop an exit strategy ; How to get ready for your first deal and build credibility ; Where to find the best REOs in your market ; The importance of REO agents: finding the best and getting them on your side ; Buying REO properties at auction ; The right way to evaluate deals and price a property ; How to make an offer and negotiate with banks ; Getting the paperwork right ; How to avoid the most common mistakes investors make
Exit strategies. Wholesale your property to another investor ; Fixing up and selling the property at retail ; Buying and holding: renting the property for a positive monthly cash flow.
