Impossible to Succeed

[Ows News]

I think it is impossible to succeed in Bankruptcy Auction. The banks agent will always bid what the loan value that the bank is currently on the hook for. Has anyone been able to go to an auction and ACTUALLY made money (i.e. find cheap property)?

As a side note, I wonder if it's possible to PREVENT the banks agent to attend the auction and bid some ridiculous low figure like $100? Food for thought.