Foreclosure in Tampa>Question Details

Wright, Both Buyer and Seller in Tampa Palms, FL

Where is the best place to find bulk reo packages.?

Asked by Wright, Tampa Palms, FL Mon Jan 12, 2009

I need a package for Florida of a 100 single family homes. I can be reached at

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What type of properties are interested in? The banks are offering single fam, multi-fam, apartment bldgs, commercial bldgs. and industrial bldgs. Have you ever bought Bulk Reo's ? How much are you investing? Minimum is $5,000,000. to start. Is this something you can work with?
2 votes Thank Flag Link Wed Jun 10, 2015
The issue is that they usually come in with packages that are spread all over the country, not with one specific area. So if you want Tampa, well you can't just get Tampa. The list is a nice thought and banks love to make you work for it to get it, but overall it is a waste if your looking to just invest in a small area of the country. I would love to get my hands on a REO list for Pinellas or Hillsborough but it seems no asset manager can provide one with that kind of limited area. If i am wrong please Asset managers email me. I would love to see what you have since i have a very financially stable fund looking to purchase.
0 votes Thank Flag Link Wed Jun 10, 2015

Someone that knows how the distressed sales market is being absorbed. These offerings are normally offered via large lenders that wrap properties geographically and offer them to larger investment companies....usually attorney oriented.

0 votes Thank Flag Link Thu Oct 3, 2013
I am direct to a major bank. What you must provide specifically is asset based funding, joint venture capital, lending for partnerships that will offer profit shares etc. I will get you real packages and have one now that needs funding. This package has a positive cash flow and to many other benefits to list. You must provide VERIFIABLE POF to get full details and the opportunity to fund the project, profit share, joint venture, etc. No more chasing "ghost" portfolios! $25M at 60 cents on the dollar or better! Contact for full list of benefits to make this a rare opportunity! Wont last!
0 votes Thank Flag Link Thu Oct 3, 2013
These are purchased direct from the lender(s)... I have worked on several for investors

Lynn911 Dallas Realtor & Consultant, Loan Officer, Credit Repair Advisor
The Michael Group - Dallas Business Journal Top Ranked Realtors
0 votes Thank Flag Link Sat Mar 5, 2011
In Vegas your ROI is 15-20% all day long. I can prove this to you.
0 votes Thank Flag Link Sat Mar 5, 2011
I just got a tape for CA sf 88 can even cherry pick let me know.
0 votes Thank Flag Link Sat Mar 5, 2011
Hello Wright,

I have five REO listings that fit this category. Please see the offering on Loopnet:

Call if you are interested.

Jay Emerson
0 votes Thank Flag Link Sat Mar 5, 2011
The only bulk sales I have seen are the people promising but not delivering. How did Wish Realty perform?
0 votes Thank Flag Link Tue Nov 9, 2010
We are Wish Realty, selling nationwide and Canada bulk REO from 1 million to 10 billion. We also sell REO commercial properties. NO DAISY CHAINS - WE DEAL DIRECT WITH SELLER'S REP TO CONCLUDE THE DEALS. If interested please email me at
0 votes Thank Flag Link Sat Sep 11, 2010

Start dialing for dollars or employ someone to do it for you. There are quite a few institutions out there that are sellers. However, it seems, the expectations of the buyers and sellers are not always compatible.

What are you specifically looking for? What area are you looking it? What are your price points?

This is a market with a lot of moving pieces.
0 votes Thank Flag Link Tue Apr 7, 2009
I can provide you with all REO properties you want.......... just name cities, budget, dimensions....and cash or financed and I will include price guidelines.
813-785-7529 Antonio
Web Reference:
0 votes Thank Flag Link Tue Jan 13, 2009
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