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Updated over 3 years ago,
How to prepare for a wave of foreclosures
BP community- when the moratorium on foreclosures ends, do you expect a wave of properties to become available for auction? If yes, as an investor how should I prepare to buy? Do the auctions happen in person or can I bid out of state? Do I need to have my funding (conventional loan)ready before the auction? How do I find the best deals and decide how much to bid (is the list of properties shared in advance so that you can do the deal analysis)?
I know these are a lot of questions. Hoping to get started in REI journey. Thanks