Insider REO Secrets

Scott CostelloAll, Blog 5 Comments

Last night I went to Jon’s rei meeting and he had a great speaker. Actually it was the first ever speaker at the meetings, but that is mainly because the group just got started up this year. Jon brought in an REO broker to explain to all of us how that game works. Pretty much all the information that he gave has been relayed to me before by reading Steph Davis’ Blog about Flipping Reo Properties and from her eBook …

Alerts! and Stephani Davis

Scott CostelloAll, Blog 5 Comments

On another note, my friend Stepani Davis has just release her eBook, Flip This REO!.  She seriously put her heart and soul into it and the end result is 57 pages of pure content.  Steph provides great tips, strategies and has answered every question someone could possibly have about wholesaling REOs.   I’m sure most of you who read my blog already read Steph’s blog, so you know how great and always helpful she is.  Get this eBook today! You can …

Top 5 Questions About Wholesaling REOs

Scott CostelloAll Leave a Comment

[ad#Banner1] Of all the questions I get from readers about the mechanics of structuring and completing an REO wholesale deal, the one I get asked most frequently is how to handle the closings. I thought I would post a few of the most frequently asked questions, in hopes that it would clarify the process for you….. Here we go… * Can you assign an REO? 99% of the time- NO. Most banks will have a clause in their addenda that …