Buying directly from banks &amp; getting financed? Help needed :)
Hi all,

I am a US citizen and have been investing in realestate for the past 12 years in Europe.
I am making my way back to the states, thus would need some basic help.
1. How can one find bank owned properties that they want to sell or liquidate from people/institutions that failed to pay loan/mortgage?
2. Is it possible to get financed if i do not have a company in the US that has a good turnover? I have my company registered in Europe which has good numbers?

3. Where would i be able to acquire knowledge on Realestate? Course or something similar

Thank you indeed :) 

D
[{"id": "iyxkdz0", "text": "Bank owned (REO) if it's a big bank they will have a department that handles their dispositions. Smaller banks will have one or a few people responsible for it. \n\nAs far as getting financing from another bank that is definitely something you want set up way in advance and maybe an LOC based on their scrutiny of your CF and holdings probably. Having holdings in a foreign country might not work for many banks.  I would talk to as many as I could first. There may be a way to place your foreign assets into a USA entity that might help a bank get comfortable lending to you. \n\nCash is king in these situations as no bank wants to wait and see if some buyer can get financing from another bank on one of their bad deals.", "replies": [{"id": "iyz0ei0", "text": "How do i approach or find the banks, do they list them in a central place or what is the best approach?", "replies": [{"id": "iyz4xs0", "text": "Some REO departments are bigger and easy to find with the larger banks. Smaller banks you just probably need to call them or track down the right VP via social media or otherwise. \n\nLists of banks are probably pretty easy to find as they are FDIC insured and fairly highly regulated.", "replies": [], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "iyyvgxi", "text": "I can't imagine that having a successful company in Europe would be a problem. It would depend on the lender I reckon but you should be able to get past that hurdle no problem especially being a US citizen.", "replies": [], "depth": 1}]