Except that the owner cannot buy the property at auction!

Hi Leo, Foreclosure.com typically lists pre-foreclosures, auctions, and bank-owned properties.

I had one that also did a flat flee for leads but there are other ones that do auction style.

Most of these failed deals are being given back to the banks or bid at auction but the average size of these deals is 8 figures.

Santarelli allegedly purchased from a government auction from the bankruptcy trustee and relaunched online.

i didn't even know auctions gave opportunities to actually have access to properties beforehand.Given your line of work, i would say that you are uniquely positioned to work well in the outlined situation.

The last piece of the East Bank puzzle will be the sale of Carl Ichan's scrap yard which is going to auction this month. 

I found a foreclosure listed for auction at $800K but worth $1.5-$1.8M. 

They had 60 vacant units sold at the auction and only managed to auction off 30 of them.

Here’s the quick-and-dirty lowdown to get you started:1️⃣ Where to Look:LoopNet & Crexi: Good for commercial deals, though the best ones go fast.MLS (Multiple Listing Service): Access through a realtor for hidden gems.Auction Sites: Think Auction.com or HUD homes for distressed properties.Direct Mail Campaigns: Target landlords with older properties (especially those with code violations).2️⃣ Systems for Finding Deals (Step-by-Step):Set Your Criteria: Market, budget, unit count, rehab level.Build a Deal Funnel: Use LoopNet, Crexi, wholesalers, auctions, and brokers.Analyze Quickly: Use a property calculator to see if it cash flows.Direct Outreach: Contact sellers or property managers directly.Get Your Network Tight: Property managers, realtors, contractors—they’ll drop the best leads.3️⃣ What Makes a Good Deal:Cash Flow Positive from Day 1.Below Market Value (usually needs rehab).Upside Potential: Think rent increases, better management, or refinancing options.4️⃣ How to Become the Better/Best:Study the Market Like a Hawk.