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Updated about 14 years ago on . Most recent reply
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No money down real estate at auction?
Can it be done? If so what method would you use without front money? Hard money perhaps? Any ideas? :D
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Craig,
The OP had stated this: "without front money".
At auction hammer down, the buyer will have to submit some funds, so "front money" is needed. It could be fronted by a source such as you are suggesting, but the buyer better show up to the auction knowing that money is going to be there for their use.
It's only feasible to buy at auction if the funding is pre-arranged.