Someone wants me to believe that REO will not come down on there prices, What is the best way to come at REO will trying to make a deal?
Also with all the changes with the sub prime lenders and the foreclosure is this going to make wholesaling harder to make deals?
REOs can be difficult, but they do take lower than list price. You just have to hit them at the right time.
Make the offer you need to make for the property to work. Either the bank will reject it or counter. Then you work from there.
It also helps if you can have no financing contingency and close in a couple weeks. Make that as part of your offer and it will help.