Breaking into REO
Learn how to profit in REO investing game!
Description
REO investing has become a popular real estate investing strategy since the start of the financial crises in 2008.
What is an REO property? An REO property is an asset that has gone through the foreclosure process and is currently owned by the bank.
The Opportunity:
Banks want real estate investors to take REO properties off their hands immediately! You have to understand that bank are NOT in the business of being landlords. They are often motivated to unload these non-performing assets of their balance sheets. This give YOU, as the investor, an opportunity to buy these assets well below market value.
This course will give you the step-by-step blueprint that both small, private investors, and large institutional investors, use to profit from REO properties. Even if you are new to real estate investing, this course will give you the details and action steps you need to start your REO investing career.
The course consists of easy-to-follow training videos taught by Peter Kasyanenko, a seasoned REO investor from New York City. Peter spent years working for a private equity firm that focused on buying REOs, Bulk REOs, and Non-performing Loan portfolios. Peter shares his experience and offers practical advice to help you move up the learning curve as quickly as possible and start earning income as an REO investor.
We recommend that you first watch the course in its entirety and then go out and take action! You can refer back to the training videos for guidance along your REO investing journey.
What You Will Learn!
- In this course, you will learn about the mortgage life cycle and how a property becomes an REO
- How to speak the REO language
- How to find your first deal in 30 days
- How to value an REO property
- What metrics you should look for in a good deal
- How to get investors to give you cash for your deals
- How to make an offer to the bank
- How to close the deal
- What are bulk REOs
- What are Non-performing Loan portfolios
Who Should Attend!
- This course is intended for anyone seeking to start a career in real estate investing or seasoned investors looking to profit from another investing strategy