Financing for Bank Owned/REO property

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?)

purchase cash for quick sale (can also acquire using HML or seller financing_
refi with local bank commercial loan or private banking to get cash back (or payoff purchase liens)

then repeat

out of state banks would be less likely to assist you. normally banks doing a commercial type of loan want their borrowers within the area where there is a branch.

Dear Investment Loans. Please clarify your response. Being new myself I don’t understand how to use seller financing to purchase a bank owned property. Thanks.

You obviously can’t use seller financing on an REO…I think InvestmentLoans was painting broader strokes…