Why Investors Lose Money on 27 Percent of all Auction Deals
1 min read
Nearly one out of every four properties purchased by investors at auction over the past four years has cost them money, not because they didn’t know what they were doing but because lenders overvalued them when setting minimum bid and reserve amounts, especially in markets with weaker demand and an older housing stock. As a [...] View the full article: Why Investors Lose Money on 27 Percent of all Auction Deals on on The BiggerPockets Blog. This content is Copyright © 2015 BiggerPockets, Inc. All Rights Reserved.