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Tips For Getting Bank Owned Properties Cheap

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if baked own property or what's commonly

referred to as an REO is a property that

has been foreclosed on where no one

bought the property at the foreclosure

auction and the bank took back the

property

well banks are not in the business of

owning real estate they're in the

business of loaning money so when a bank

gets back a foreclosed property they

market it for sale with a local real

estate agent and they sell it and over

the years having flipped hundreds and

probably thousands of properties I would

say bank owned properties have probably

been my best source of deals as a real

estate investor if you're not actively

going after REO s then you're missing

out on a huge source of deals on today's

video I'm gonna break it down and I'm

gonna show you everything you need to