REO properties

what is the best way to search for REO properties online???If there arent any good online sourece where should i look. Also are most REO properties discounted or do they sell at market price. I want to buy REO properties and flip.
-mike

Howdy Mike:

It can be done. You need to study your market. A lot of REO’s here are at market and then you find some that are bargains. You can sell to homeowners too and not just other investors. I personally like buying duplexes as they are better cash flow properties.

RealtyTrac.com is a good resource but a lot of other investors will be using it too.