Bulk REO portfolios are bundles of properties from banks or developer. On either case these properties are sold at discount prices to facilitate a quick sale and liquidate the properties.
When lenders have an increased amount of properties and need to liquidate, they sell these properties in REO portfolios. Generally these properties are sold at considerable discount to the buyer, in exchange for a quick sale.
Bulk Real Estate Portfolios and Builder buy outs are another great investment opportunity. Some can be purchased as low as 40c - 60c on the dollar. Making this a great Real Estate Investment.
Bulk REO portfolios come a variety of sellers that might need to liquidate their Real Estate holdings. Also a great purchase when looking to either resale or hold as rental income.
Builder buy out are bulk portfolios of properties that the builder has not yet been able to sell for any reason. Many time builders get into a project, construct the properties and then run out of funds to hold the construction loans. These are prime for an investors to purchase, and complete the sales.
These REO packages can be great investments. You buy several homes at pennies on the dollar, then sell them of individually by listing them at
http://www.zitrof-wholesaleproperties.com for free, and turn a huge profit.
Many real buyers have been yanked around by middlemen offering Bulk REO deals. If you are going to post a comment below, please be direct to the seller or buyer.