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Updated over 4 years ago on . Most recent reply

User Stats

27
Posts
3
Votes
Scott Bell
  • Investor
  • Korea
3
Votes |
27
Posts

First look a auctions

Scott Bell
  • Investor
  • Korea
Posted

I am looking to buy a property at auction. The property is currently occupied. I am not sure what to do for due diligence before the auction, what are some things savvy and experienced investors would do?

Most Popular Reply

User Stats

172
Posts
110
Votes
Stephen E.
  • Rental Property Investor
110
Votes |
172
Posts
Stephen E.
  • Rental Property Investor
Replied

If there's an eviction moratorium where you are you won't be able to evict the tenants, but you may be able to convince them to move via cash for keys. I haven't done this but that's what I've read.

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