Breaking into REO

Learn how to profit in REO investing game!
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110 students enrolled
Instructed by RealEstate U Business / Real Estate
$50
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  • Lectures 33
  • Contents Video: 3.5 hours
  • Skill Level All Levels
  • Languages English
  • Includes Lifetime access
    30 day money back guarantee!
    Available on iOS and Android
    Certificate of Completion
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About This Course

Published 7/2014 English

Course Description

REO investing has become a popular real estate investing strategy since the start of the financial crises in 2008.

What is an REO property? An REO property is an asset that has gone through the foreclosure process and is currently owned by the bank.

The Opportunity:
Banks want real estate investors to take REO properties off their hands immediately! You have to understand that bank are NOT in the business of being landlords. They are often motivated to unload these non-performing assets of their balance sheets. This give YOU, as the investor, an opportunity to buy these assets well below market value.

This course will give you the step-by-step blueprint that both small, private investors, and large institutional investors, use to profit from REO properties. Even if you are new to real estate investing, this course will give you the details and action steps you need to start your REO investing career.

The course consists of easy-to-follow training videos taught by Peter Kasyanenko, a seasoned REO investor from New York City. Peter spent years working for a private equity firm that focused on buying REOs, Bulk REOs, and Non-performing Loan portfolios. Peter shares his experience and offers practical advice to help you move up the learning curve as quickly as possible and start earning income as an REO investor.

We recommend that you first watch the course in its entirety and then go out and take action! You can refer back to the training videos for guidance along your REO investing journey.

What are the requirements?

  • A willingness to take action!

What am I going to get from this course?

  • In this course, you will learn about the mortgage life cycle and how a property becomes an REO
  • How to speak the REO language
  • How to find your first deal in 30 days
  • How to value an REO property
  • What metrics you should look for in a good deal
  • How to get investors to give you cash for your deals
  • How to make an offer to the bank
  • How to close the deal
  • What are bulk REOs
  • What are Non-performing Loan portfolios

What is the target audience?

  • This course is intended for anyone seeking to start a career in real estate investing or seasoned investors looking to profit from another investing strategy

What you get with this course?

Not for you? No problem.
30 day money back guarantee.

Forever yours.
Lifetime access.

Learn on the go.
Desktop, iOS and Android.

Get rewarded.
Certificate of completion.

Curriculum

Section 1: What is REO?
A Step-by-Step Blueprint For Getting Started If You Do Not Have Any Cash
Preview
03:54
A Step-by-Step Blueprint For Getting Started If You Have Cash To Invest
Preview
04:36
The Mortgage Lifecycle
Preview
07:47
The Opportunity in the REO Game
04:16
Understanding the Players in the Game
04:30
Capital Markets
05:09
11 Mistakes Beginners Make in this Business
16:39
Section 2: Getting Started in the REO Game
Learn the REO Language
11:46
How to find your first REO deal in 30 days
06:26
What is a Lien?
03:25
Valuation: How to come up with the right price
06:07
Case Study: Buy and hold REO deal using leverage
05:22
Case Study: Capital Structure
03:15
Case Study: Monthly Profit/Loss
08:51
Case Study: 10 Year Projection
09:45
Case Study: Buy and hold REO deal using cash
07:42
Section 3: I don't have any money!....How do I buy my first REO property?
Where to Find Equity for Your First REO Deal
06:29
What do Investors Want to Know About Your Deal?
05:57
Case Study: Flip an REO Deal Using Leverage
05:56
Case Study: Flip an REO Deal Using All Cash
06:06
Section 4: Making an Offer and Closing Your First REO Deal
Making the Offer
07:58
Use an Entity
02:03
The Closing Process
02:39
The Costs of the Business
06:23
Coffee Break
10:30
Red Flags
06:18
Section 5: Bullk REOs: This is where investors have made millions in the REO game
What is a Tape?
06:29
How a seasoned investor analyzes a Tape
05:05
Understanding the costs associated with Bulk REOs
03:57
Bulk REO Case Study: Profit with investor capital
06:40
Broker the Deal: Making money with Bulk REOs if you don't have the capital
04:08
Section 6: Non-Performing Loans: The Cousin of REO
Non-Performing Portfolio - Part 1
05:51
Non-Performing Portfolio - Part 2
04:07

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Instructor Biography

RealEstate U, Honest and Practical Real Estate Investing Courses

RealEstateU is an online real estate school that offers honest, practical, and actionable real estate investing and salespersons courses.

RealEstateU was founded by Andrew Anic, an NYU Grad student, and Ciprian Morariu in 2013. Both Andrew and Ciprian were aspiring real estate investors and developers in NYC, but continuously saw a lack of quality real estate education on the market. Graduate school was too theoretical, while the real estate 'gurus' were selling courses for thousands of dollars that lacked any real depth.

So, Andrew and Ciprian set out to find experienced and successful real estate investors, who are on the front lines buying properties on a daily basis, and had them teach what they know.

The result?
A series of detailed courses that offer the blueprints RealEstateU instructors use to profit as real estate investors.

The courses consist of easy-to-follow training videos that break down the steps taken to find, fund, and close deals.

After taking a RealEstateU course, you will have the fundamental knowledge you need to set out on your own.

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