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Updated over 6 years ago,
Anyone ever use Auction.com or Tax Auctions using HMLs? (Texas)
Hey everyone,
I'm somewhat new to investing and have been wanting to start out with doing a fix and flip. We own a construction company here in Texas and I'm currently finishing my real estate license this month as well. I've been in the industry for a while and looking to finally make a leap. Can anyone please explain the process for using a hard money loan on an online auction site at say Auction.com or going down the courthouse? Would I pick one property after Ive done research and show this to the Lender. He does his DD. Then set a limit for purchase price which you and the Hard Money Lender are comfortable with and for courthouse auctions do they attend also or how does this process work?
All responses welcome and are much appreciated it!
Keleigh