Newbie Looking At Rehabs & REO's

I'm new to REI and am in the Northern Illinois area, have been doing tons of reading, have quite a few contacts, and am a former realtor (nearly 15 years ago) and nearly ready to actually look/make offers.

A couple questions:
1) Does anyone have any advice regarding working banks for REO's?
2) Any good HML's out there to be referred? (Again, I'm in Northern Illinois)
3) The one part that is really stumping me is estimating. This is where I'm afraid to screw up, and burn myself.

Any comments appreciated!

Comments(1)

  • timt17th August, 2004

    Yea

    Do your home work...i have bought 5 houses in the past 11 months...profit 100k...

    (edited by NC_Yank - solicitation not allowed)

    [ Edited by NC_Yank on Date 08/17/2004 ][ Edited by NC_Yank on Date 08/17/2004 ]

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