Wholesaling Auction Properties

[Sarah Jordan]

I am brand new to REI and have been watching the auction properties. I found one that seems to have a very high resale value for the relatively small starting bid price. It was built in 2019, and from the looks of the pictures, shouldn't need too much rehab if any. What are my first steps to knowing if this is a good deal and finding a buyer? If it goes to auction before I can get in touch with the buyer, is it too late?

Thanks in advance!

[Wayne Brooks]

@Sarah Jordan Well, “starting bids” are deceptive and irrelevant. Yes, once it goes to auction, it is no longer available.