Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/hospitable-deef083b895516ce26951b0ca48cf8f170861d742d4a4cb6cf5d19396b5eaac6.png)
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/equity_trust-2bcce80d03411a9e99a3cbcf4201c034562e18a3fc6eecd3fd22ecd5350c3aa5.avif)
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/equity_1031_exchange-96bbcda3f8ad2d724c0ac759709c7e295979badd52e428240d6eaad5c8eff385.avif)
Real Estate Classifieds
Reviews & Feedback
Updated over 5 years ago on . Most recent reply
Best way to buy foreclosures?
Im looking to purchase a live in flip once my apartment lease expires and I have been exploring foreclosures as a way to do so. I am not totally educated on this part of investing and I am looking for some advice. What is the best way to go about buying a foreclosure? Is there a good place to begin looking? What are some tips and tricks you all have when it comes to dealing with such properties? Ill be looking primarily in the Fort Walton Beach and Destin area, with Destin being my area of choice! Thank you!!
Most Popular Reply
![Ehsan Rishat's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1113198/1621509082-avatar-ehsanrishat.jpg?twic=v1/output=image/crop=541x541@510x203/cover=128x128&v=2)
@Account Closed if you're a beginner then I would advise not to go with foreclosed properties since you need to buy as-is and no inspection is allowed. There might be major damages in the property and without past experience dealing with foreclosures, you might end up losing money.
If you're confident then look for off-market properties. Do not waste your valuable time on MLS as it's full of intense competition. You can try purchasing a pre-foreclosure list from listsource and start marketing to it. You can send a direct mail to that list which I do or you can start cold calling.
If you have any question or need any help with the list, feel free to send me a DM.