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Updated about 3 years ago on .

User Stats

26
Posts
9
Votes
Veronica Roye
  • Real Estate Investor
  • New Jersey
9
Votes |
26
Posts

AUCTIONED Properties - Buy or NOT to buy? That is the question

Veronica Roye
  • Real Estate Investor
  • New Jersey
Posted

Hello Everyone, 

I am a newbie, trying to land my first deal. I see a lot of properties that interest me are up for auction. Do you recommend buying from an auction? Essentially it will be bought unseen so I know the potential for big rehab cost is a real possibility. Any advice is greatly appreciated 

1. Can you get a home inspection on auctioned properties? 

2. Can you use HML/PML on auctioned properties? Would this be wise?

Thanks 

Veronica