http://www.flipthiswholesaler.net/2008/06/can-you-assign-an-reo/ Wholesaling Real Estate Blog Sat, 11 Feb 2012 16:26:30 -0700 http://wordpress.org/?v=2247 hourly 1 http://www.flipthiswholesaler.net/2008/06/can-you-assign-an-reo/#comment-11594 Stephani Mon, 09 May 2011 19:16:18 +0000 http://www.flipthiswholesaler.net/2008/06/can-you-assign-an-reo/#comment-11594 Hi Stacy, you don't have to wait 60-90 days to resell an REO. Some short sales will have that restriction, but not REOs. Well unless you're dealing with Fannie Mae REOs, and if so, they don't let you resell for more than 120% of the purchase price for 90 days. Other than that, you can resell REOs the same day you buy. Hi Stacy, you don’t have to wait 60-90 days to resell an REO. Some short sales will have that restriction, but not REOs. Well unless you’re dealing with Fannie Mae REOs, and if so, they don’t let you resell for more than 120% of the purchase price for 90 days. Other than that, you can resell REOs the same day you buy.

]]> http://www.flipthiswholesaler.net/2008/06/can-you-assign-an-reo/#comment-11574 Stacy Sun, 08 May 2011 08:23:41 +0000 http://www.flipthiswholesaler.net/2008/06/can-you-assign-an-reo/#comment-11574 I want to flip REOs to investor. Real estate agent informs me that I must wait 60 to 90 days before reselling. How would this be handled if I am using transactional funding? That could be terribly costly. Help before "I flip". I want to flip REOs to investor. Real estate agent informs me that I must wait 60 to 90 days before reselling. How would this be handled if I am using transactional funding? That could be terribly costly. Help before “I flip”.

]]> http://www.flipthiswholesaler.net/2008/06/can-you-assign-an-reo/#comment-576 Real Estate Investor Girl Tue, 01 Jul 2008 15:21:00 +0000 http://www.flipthiswholesaler.net/2008/06/can-you-assign-an-reo/#comment-576 One place that does 2 pt funding for back to back closing only is: Coastal-Funding. Contact Eric@Coastal-Funding.com<br/>You have to have the buyer in place at the same time you close with Coastal Funding's funds. Then the buyer buys from you, and Coastal-Funding is paid off. They don't require a credit check, and all that nonsense. Just proof of having a buyer. Kathleen One place that does 2 pt funding for back to back closing only is: Coastal-Funding. Contact Eric@Coastal-Funding.com
You have to have the buyer in place at the same time you close with Coastal Funding’s funds. Then the buyer buys from you, and Coastal-Funding is paid off. They don’t require a credit check, and all that nonsense. Just proof of having a buyer. Kathleen

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