Let’s look at the situation where you are looking at a REO listed at 25k and they have just come down from 29k. The bank most likely did not really look at it because it isn’t worth that much. The house is in bad condition and would have to be gutted to rehab; the only good part of the house is the structure. You don’t want to rehab it yourself but you would like to make a low ball offer on it to flip it.

Below you will find the benefits of working with real estate wholesalers to find your deals.

In this article we assume you have identified a property to invest in. You have also started the negotiation process but don’t know what warning signs to look out for. This article will serve as an aid, outlining the aspects you need to be wary of before you sign on the dotted line.