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Updated over 3 years ago,

User Stats

83
Posts
77
Votes
Pretty Khare
  • Investor
  • Austin, TX
77
Votes |
83
Posts

How to prepare for a wave of foreclosures

Pretty Khare
  • Investor
  • Austin, TX
Posted

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

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