All Forum Posts by: Edith Acevedo

 Thank you Victoria! I remind myself to stick with my numbers. It’s not an emotional play, it’s business. 

I struggle to understand that logic, because at that point buy off the MLS where at least you will have a proper and secure close.

There was a property at the auction that sold at market, however it had a federal tax lien of over 100k attached to it. What was sold at the auction was the mortgage lien. That meant the person who bought it also took that 100k debt (potentially). mind-boggling. 

 You’re right Daniel, the bigger the work the less competition. I’m comfortable taking on bigger rehabs. Like you said, I am going to continue to put in offers. I have to land something at one point. 

Thank you!  

Hello, 

I am looking for guidance. I have personally done 4 flips, one was a hold/rental that I eventually flipped and old, one was a house hack, and two I did out of market with HML(my first two were out of pocket) 1 I sold and 1 I held.

I have been trying buy at the Texas (Harris County, fort bend county) county auction and on some auction sites, in hopes I find a deal in the Houston area that I can flip or fix & hold. To my surprise, bidders are reaching market value and in some cases I even saw a bid go above market value. I have also placed cash offers on bank owned properties and have been denied or countered dollars under market value. at this point why not buy off MLS, closing with title, less risk.

any advice? I want to find deals I can rehab to hold or flip. I can't house hack, I'm a family of 5 with kids in school. 

thank you!!