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Updated about 8 years ago on .

User Stats

158
Posts
118
Votes
Michael Randle
  • Aurora, CO
118
Votes |
158
Posts

Starting Capital Question.

Michael Randle
  • Aurora, CO
Posted

Hello!

I was hoping to get some insight on where everyone goes to acquire starting capital for a foreclosure sale. My understanding that all the funds need to be paid in full within 24 hours of the auction and although I can see how people would have a few hundred thousand laying around in the back. I am assuming the vast majority of us do not.

Are people using HML, 401K loans, traditional banks, family members, souls from Lucifer?

Thanks for your help!