AUCTIONED Properties - Buy or NOT to buy? That is the question

AUCTIONED Properties - Buy or NOT to buy? That is the question

Real Estate Investor · NJ · Member since 2014 · 26 posts · 9 votes

Hello Everyone,

I am a newbie, trying to land my first deal. I see a lot of properties that interest me are up for auction. Do you recommend buying from an auction? Essentially it will be bought unseen so I know the potential for big rehab cost is a real possibility. Any advice is greatly appreciated

1. Can you get a home inspection on auctioned properties?

2. Can you use HML/PML on auctioned properties? Would this be wise?

Thanks

Veronica

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