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Updated over 6 years ago,
Buying an apartment building from a tax sale. Good idea or no?
Hi I am an young an eager entrepreneur and looking to buy an apartment building in an tax sale . The building is an 8 unit apartment building and I found it in an auction in DC for 11,000$. Is it a good idea to buy a property in a tax sales auction or do people stray away from things like that? I’m looking for answers and im located in Washington, DC and the building is in wash, dc. All opinions are valued . I have little experience in RE but I attended RE school and know the basic principles and laws .