Find, Buy & Flip Bank Owned Properties. Foreclosures & Short Sales.
Learn how Lex Levinrad and his students find, buy and flip bank owned properties, foreclosures and short sales — buying houses at steep discounts directly from the banks that own them, then flipping them for a profit.
Most investors chase listings.
The pros buy from the bank.
When a homeowner stops making their mortgage payment, that property is headed to foreclosure — and eventually onto the bank's books as a bank owned property (REO). Banks are not in the business of owning houses. They want these properties gone, and they sell them at substantial discounts to investors who know how to find them and how to make the offer.
That discount is where your profit is made. You make your money when you buy — by buying bank owned properties, foreclosures and short sales below market value, fixing them and flipping them.
At this boot camp you will learn exactly how to find these deals, how to analyze them, how to make offers that banks accept, and how to flip them for a profit — the same system Lex has used on hundreds of bank owned properties and taught to thousands of students.
You don't need to be an experienced investor to start. You need to know how to buy right. That's what we teach.
Who This Boot Camp
Was Built For.
Three kinds of people walk into this room. One goal: buying deeply discounted properties from the banks. If you see yourself below, this boot camp was built for you. If you don't, this isn't your room.
The Aspiring Investor ready
You want to get into real estate, you just don't know where to start. You've watched the videos, listened to the podcasts, and you're done waiting. Foreclosures and bank owned properties are where the deepest discounts are — and you want someone to show you the whole process, step by step, from finding the deal to cashing the check. You don't have a motivation problem. You have a “how” problem.
The Wholesaler deal-hungry
You're already wholesaling — or trying to — and you know the money is in finding deals nobody else can find. Bank owned properties, foreclosures and short sales are the deal sources most wholesalers overlook because they don't understand how banks sell. You want a repeatable pipeline of deeply discounted properties you can wholesale or flip.
The Active Flipper scaling
You've flipped a house or two and you've felt what one good deal can do. Now you want a consistent source of below-market inventory — REOs, HUD homes, short sales and foreclosure auctions — without overpaying at the courthouse steps or making the expensive mistakes that wipe out new flippers.
The Bank Owned
Blueprint.
Find, Analyze, Offer, Fund, Flip — then repeat. It's the exact system Lex has used to buy and flip bank owned properties for over two decades and coach students to thousands of deals. Do it right and the discount you buy at becomes the profit you flip for — deal after deal.
Find
Where bank owned properties actually come from: REO lists, HUD homes, MLS keywords, foreclosure auctions and short sales — the sources most investors never learn to work.
Analyze
Comps, after repair value, repair estimates and your maximum offer — so you only pursue properties with real profit in them and walk away from the rest.
Offer
How banks and asset managers evaluate offers, how to structure yours to get accepted, and how to negotiate short sales with the lender.
Fund
Private lenders, hard money and partnerships — how to fund your purchases and repairs with little to none of your own cash in the deal.
Flip
Your exit strategies: wholesale the contract for a fast check, or fix and flip for a bigger one — and how to choose the right exit for each deal.
Real Students. Real Numbers.
Lex doesn't teach theory. These are real students who learned this method and put it to work.
Elmer — net worth up $25M+, roughly $1M a year in rental income.
Andy — grew his net worth by $4M across 10 properties.
Chris — since attending Lex's boot camp.
Phil — 9 rentals + a commercial building, $20K/mo cash flow.
Maher — now flips million-dollar homes.
Allie — left an $11/hour job to invest full-time.
These reflect the experiences of specific students and are not typical or a guarantee of results. Success depends on effort, market conditions, and other factors.
Inside The
Boot Camp.
What the Boot Camp covers.
A complete, step-by-step training on how to find, buy and flip bank owned properties, foreclosures and short sales, taught live by Lex Levinrad and his team.
Every module builds on the last. You leave knowing exactly how to find, fund, buy and flip your first — or next — bank owned deal.
The Foreclosure Opportunity
How a property goes from missed payments to foreclosure to bank owned (REO), and why this pipeline creates the deepest discounts in real estate.
Finding The Deals
Where to find REOs, HUD homes, foreclosures and short sales — including the off-market and distressed sources most investors overlook.
Analyzing The Numbers
After repair value, repair estimates and maximum offer price, so you only buy properties that actually make money.
Making Offers To Banks
How banks and asset managers price and evaluate offers, and how to structure and submit offers that get accepted.
Short Sales
How short sales work, how to negotiate with the lender before the foreclosure auction, and where the profit is in pre-foreclosures.
Funding Your Deals
Private lenders, hard money and partnerships — how to fund purchases and repairs with little to none of your own cash.
Exit Strategies
Wholesaling bank owned deals for fast checks versus fixing and flipping for bigger profits — and how to choose the right exit for each property.
Your Plan + Q&A
Put it all together into a plan for your first (or next) bank owned deal, plus live Q&A with Lex to answer your specific questions.
Reserve Your
Spot.
One ticket gets you the full Foreclosures & Bank Owned Properties Boot Camp, live with Lex Levinrad and his team. Seats are very limited.
Foreclosures & Bank Owned Properties Boot Camp
- ★One ticket to the Foreclosures & Bank Owned Properties Boot Camp
- ★Live event: Friday Sept 25th to Sunday Sept 27th, 2026
- —The complete Bank Owned Blueprint: finding, analyzing, offering, funding & flipping
- —Foreclosures, short sales, REOs, HUD homes & auction strategies
- —Wholesale and fix & flip exit strategies for every deal
- —Part of the Real Estate Success Essentials Training™ — the foundation of the Lex Levinrad Real Estate Training Program™
Lex
Levinrad
Lex Levinrad is a nationally recognized real estate investor, trainer, and coach, and the founder of the Distressed Real Estate Institute. He has spent his career buying, flipping, wholesaling, and renting real estate, and teaching others how to do the same.
Lex is the host of the "Investing in Real Estate with Lex Levinrad" podcast and has trained students across the country through his live boot camps, coaching, and mentoring programs. He teaches from experience, not theory.
Through the Lex Levinrad Real Estate Training Program, he runs boot camps on wholesaling, fixing & flipping, buying rentals & Airbnb, and foreclosures & bank-owned properties, giving students a complete path from their first deal to a full portfolio.
Boot Camps
Host
Training
Real Students. Real Results.
One of the best programs out there. I can now wholesale or fix and flip any property. Definitely recommended.
Lex runs a great program. I’ve learned a great deal about real estate and life. It changed the trajectory of my career.
At 28 I own 3 rental properties. Lex’s mentoring helped me make strategic moves. This information will pay you for life.
By far the best real estate mentor I’ve had. He teaches what’s working right now in today’s market.
Lex is the one person to look for if you plan to invest in real estate. His courses give you the confidence to succeed.
Best real estate investing coach, hands down. Lex has a wealth of knowledge on building wealth.
I took Lex’s boot camp and loved it. He shows, in detail, how to start building your wealth. Great for networking too.
As a title agent, I’ve watched Lex flip hundreds of homes over 15 years. He truly practices what he teaches.
When &
Where.
Sept 25–27
2026
Live event: Friday Sept 25th to Sunday Sept 27th, 2026. Call 561-948-2127 with any questions.
Details On
Registration
Location and access details sent after you register.
Live
Boot Camp
Step-by-step training taught live by Lex and his team.
Very
Limited
Seating is limited. Register early to reserve your spot.
Frequently
Asked.
No. The boot camp is taught step by step and is built for aspiring investors, wholesalers and flippers alike. Whether it's your first deal or your fiftieth, you'll leave knowing exactly how to find, buy and flip bank owned properties.
When a homeowner stops paying their mortgage and the property goes through foreclosure without selling at auction, the bank ends up owning it. These properties — called REOs (Real Estate Owned) — are sold by banks at discounts to investors, because banks aren't in the business of owning houses.
No. A core part of the training is funding deals with other people's money — private lenders, hard money and partnerships — so you can buy and flip with little to none of your own cash in the deal. You can also wholesale bank owned deals without ever buying them yourself.
Yes. The boot camp covers the full distressed pipeline: pre-foreclosures and short sales, foreclosure auctions, bank owned properties (REOs) and HUD homes — and how to buy from each source.
Yes. The Foreclosures & Bank Owned Properties Boot Camp™ is one of the boot camps included in the foundation of our Real Estate Success Essentials Training™ and is part of the core Lex Levinrad Real Estate Training Program™. Our live boot camps also include the Fixing & Flipping Houses Boot Camp, the Wholesaling Real Estate Boot Camp, and the Buying Long Term Rentals & Airbnb's Boot Camp.
Click any “Secure Your Spot Now” button on this page to register, call 561-948-2127 to reserve your seat before we're sold out, or schedule a call to learn more about our real estate training programs.
End up dead, broke, or still working at 65.
The Social Security Administration followed 100 people from age 25. By age 65, only 1 was wealthy and 4 were financially secure. 5 were still working because they had to, 54 were broke, and 36 had passed away.
Learning how to buy real estate below market value — the way the banks sell it — is how you make sure you land in the 5%.
Flip Bank Owned
Properties.
Learn how to find, buy & flip bank owned properties, foreclosures and short sales. Your first deal starts with one decision.
Secure Your Spot Now →Seats Are Very Limited · Have Questions? Call 561-948-2127 · Find. Buy. Flip.