When Buying an REO be Last, Not First

If you’re not first, you’re last!  That has to be one of the best movie lines of all time.  Yes, Talladega Nights is a movie about NASCAR and yes it’s a bit sophomoric.  But Ricky Bobby, the race car driver who patterns his life after these words is wise – in a redneck kind of way.

Nobody likes to come in last.  It goes against everything we are taught.  There is no trophy or medal for last place.

That is unless you’re buying a bank owned property.  It pays to be last.  In this video my partner, Manny Romero and I share three tips for getting the bank to accept a low offer.


1 Comment

Filed under Investing

One response to “When Buying an REO be Last, Not First

  1. Real estate is one of the biggest business in the world. To be a
    successful investors you have to be familiar with marketplace. One
    should check the property market value, condition and location before he
    buy and invest on any type of property.

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