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Updated over 10 years ago on . Most recent reply

Albert Yamoah's profile image
Albert Yamoah's profile image
Albert Yamoah
  • Rental Property Investor
  • from Denton, TX
  • Member since Apr 6, 2014
  • Posts 63
  • Votes 21
  • Experience 9 Yrs
  • Investments 2
Connect

User Stats

63
Posts
21
Votes
Albert Yamoah's profile image
Albert Yamoah's profile image
Albert Yamoah
  • Rental Property Investor
  • from Denton, TX
  • Member since Apr 6, 2014
  • Posts 63
  • Votes 21
  • Experience 9 Yrs
  • Investments 2
Connect
Albert Yamoah
  • Rental Property Investor
  • Denton, TX
21
Votes |
63
Posts
Foreclosures

Auctions and setting limits

Albert Yamoah
  • Rental Property Investor
  • Denton, TX
Posted

When purchasing homes at foreclosure auction, investors/end users are not able to do due diligance until after purchase. Is there a formula (along with fervent prayer) for setting limits to the amount one will bid on each house (i.e. calculating costs such as rehab when the house cannot be inspected)?

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