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Updated about 9 years ago on . Most recent reply

User Stats

24
Posts
7
Votes
Andre Smith
  • Flipper
  • Fremont, NE
7
Votes |
24
Posts

foreclosure

Andre Smith
  • Flipper
  • Fremont, NE
Posted

Should I be weary of buying a foreclosure that has been foreclosed on twice in 5 years? Its in a good area that will allow me to have my pick of tenants. It needs about 10K of work to be in top rental shape again. It was purchased in 2006 as a foreclosure in 2010. It was sold 2 months ago on the court house steps but its up for auction on the court house steps agin! 3 beds 2 baths. built 1963. just under 1100 sq ft. Should I be concerned about something I can't see or may be missing?? Thank you in advance BiggerPockets community.

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