Trying to work with RE agent, POF and REOs, HELP
Hi everyone,I have read so much on this DG site and am still learning. I had finished the book about a week ago and was looking for an agent.Not sure if I've actually found the one that is a keeper, but will give her a chance.And keep looking for the right fit!! I have been looking at REOs,Can someone please help me as to how I can do this. You cannot "assign" Bank owned REOs here or at least on the properties I have checked out. POF and Earnest money have to accompany every offer. I too will have to use Coastal Funding LLC to get that, but please tell me how I can make the money on this like an Assign. I have 2 buyers/investors that I wouldn't necessarily want them to see quite how much I would make, but... Now I did read about adding a buyer and having them overpay escrow, but these buyers/investors are not cash buyers,they would be getting a mortgage, how does this all come into play? If they are not paying cash how does this work? Please help clear my brain.