Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Foreclosures
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 4 years ago on . Most recent reply

User Stats

12
Posts
8
Votes
Christopher Hamburger
  • New to Real Estate
  • Baton Rouge
8
Votes |
12
Posts

Buying a foreclosed residence in California

Christopher Hamburger
  • New to Real Estate
  • Baton Rouge
Posted

Hello any and everyone, my wife and I will be moving close to the L.A. area towards June and will be renting an apartment over there with the hopes of buying our first personal residence after a year or so. I was wondering, with prices so stinking high out there compared to where we are in the south, does anyone have any advice on whether or not I should look into a property in preforeclosure? I am extremely well versed in construction as I've been working with my hands since I was around 15, so renovation doesn't scare me. Just looking for any advice as to whether this might be a viable option for us. Thanks in advance guys!

Loading replies...