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Updated over 7 years ago,
What's the next step
Hello BP community,
This is my second post and hopefully it's in the right area. Completely a newbie question and here it goes... So between reading as much as I can, I browse a few real estate sites. In my neighborhood there are quite a few houses in foreclosure. One is going to auction in a week. Now the house needs quite a bit of work. Looks like it hasn't been updated at all since maybe the 70's for all I know. But for the right price could be a good opportunity for a flip. Now for my question, what would be my next step. The house is listed on zillow and auction.com. How do I obtain more info on the house and find out how to place a bid. Do I stand in front of the house in the day of the auction, do I need to register, can I bid online??
This is all so new to me and because of that I probably wouldn't jump on this deal just because I feel I definitely do not have enough knowledge to pull the trigger on anything yet. I'm just trying to figure out what the next step would be and how properly and accurately analyze this property with the info at hand.
Thanks in advance for any info.