I have five REO listings that can be sold as a package. See the offering information on Loopnet: http://property.loopnet.com/17053420
me what you are looking for exactly. We can put together a Custom Package just for you or your Buyers. We have
Minimum purchase requirement is $500,000 plus your Proof of Funds Letter.
I will offer this as I have previously ventured down this road with BOFA. The Return that banks with large portfolios receive on their California properties is so high that would rather sell them as REOs rather than as part of a bulk sell off.
Should you find a bank or asset management company that is willing to sell in bulk the properties could be anywhere.
Hope that helps
If you want to buy bank owned bulk properties, please call me. Most bulk properties are sold in price ranges from $10mil and up. You have to show proof of funds first and a letter of intent in order to work with these banks.
Mani del Rosario
Cornerstone Property Management