What is the BEST way to try and finance bank owned properties? I probably have enough cash to buy 1 property out right but i can buy more with financing. (South West Florida area) It’s hard to get banks to write new loans on foreclosed property in this area…
Would i have better luck with an out of state bank?
Should i consider a HML and eventually get a HELOC to pay the hard money loan off?
There are several good deals available in this area and i want to make sure i make the best of my situation… Any help or guidance appreciated… :beer
Is seller financing ever an option on bank owned/REO properties? (or is this a waste of time to even ask?)