Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. 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.
Wholesaling
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 almost 10 years ago,

User Stats

227
Posts
31
Votes
Samson Kay
  • Investor
  • Chicago, IL
31
Votes |
227
Posts

Online Auctions and wholesaling?

Samson Kay
  • Investor
  • Chicago, IL
Posted

I came across tranzon.com, an an online real estate auctioning site and I'm really interested in one property that is currently being auctioned as a potential wholesale deal. They have a 30-day closing a 10% earnest money deposit on the winning bid.

Reading the fine print, I haven't seen anything restricting my ability to add the "and/or assigns" to the P&S once I win. So If I get it for a reasonable price I think I might wholesale it. Otherwise, I may just flip it.

But as far as wholesaling, has anyone been able to do this before for an online bid auction?

Loading replies...