Baltimore City Lien Sale Starts less than 2 weeks - WHAT SHOULD I EXPECT?

[Kenda Bell]

Hi Everyone,

I have my list narrowed down to 23 properties ...gonna cut it down some more by next friday. Has anyone here participated in the online auction for Baltimore City?

I am still a little confused ...

1) After I submit my bids & budget do I still actively bid per hour online?

2) If I win a bid..do I need to pay the lien amount only OR the total bid amount at that time?

3) Hard Money Loans - i just got an LLC for this venture and have my eyes on a few items , would you advise a hard money loan if I am able to foreclose on a property due to other violations/ repairs request ?

I am nervous & excited..I just want to get start out correctly...PLEASE SHARE UR EXPERIENCE>>

Thanks <3