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Updated over 4 years ago on .

User Stats

160
Posts
40
Votes
Fahadbin Alam
  • Rental Property Investor
40
Votes |
160
Posts

Can someone explain foreclosures?

Fahadbin Alam
  • Rental Property Investor
Posted

Backstory: So I've read most of the BP books and I have 1 property right now and it's a BRRRR, but then I heard that the best deals are foreclosures and auctions.

1. I've thought that auctions are bad and I shouldn't touch them.

2. What is so difficult about foreclosures that people don't talk about them as much?

3. I was thinking of going to the court house steps and basically see if i can get a good deal within 20k, what do you think?