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Ask An Expert - Paul Lizell - Wholesaling REOs

Ask An Expert - Paul Lizell - Wholesaling REOs

FromREIClub | Real Estate Investing Podcast


Ask An Expert - Paul Lizell - Wholesaling REOs

FromREIClub | Real Estate Investing Podcast

ratings:
Length:
13 minutes
Released:
Jan 15, 2021
Format:
Podcast episode

Description

Today's episode is about wholesaling REOs. Our expert is Paul Lizell, founder of REO Auction Academy. Paul shares his expertise and best practices to wholesale REOs. What is an REO property? How can I find REO properties? In general, how do you wholesale an REO property? Can you assign an REO property? Can you do a double-close? How much earnest money deposit is required to bid? Is your earnest money deposit at risk? How do you determine how much in repairs is needed? Can you get inside to look at the property? Are most REOs in bad shape? How do you find the money to do the deals? How do you find your buyers? What is the average profit spread on an REO deal? Any last tips for investors thinking about wholesaling REOs?
Released:
Jan 15, 2021
Format:
Podcast episode

Titles in the series (100)

Learn to invest in real estate and make wise real estate investments with REIClub.com, a real estate investing website for real estate investors by real estate investors.