Hi Fellow BPs,I purchased a property at a courthouse foreclosure auction in Maryland. 

I bought the house through a real estate auction that was held by hud.

I have a few questions regarding the foreclosure process.When you purchase a 2nd position at the foreclosure auction, I understand that you still need to pay the first position off afterward.

 all awesome info...I relate to this as I am often out of country..I have bought through trusted eyes for a buy/hold, never a flip.....could you chime in on either..1.regarding an online auction purchase, and seemingly growing trend... they seem to all say "as is", no contingencies, no views, no diligence...how in goodness name can you confidently make an offer on an online auction w/ no walk through contingency?

I have heard of some misrepresentations on the auction sites. 

My primary residence was purchased after a run-off type auction, wherein multiple bidders were asked to make their highest offer after all offers were submitted.

It was foreclosed on in 2010, listed for auction in 2011, but is still owned by the bank.

My question is, are you bidding on the actual house or the delinquent payments even though the auction type is "foreclosure"?

I recently bought a roughly 30k house at auction With the intention to resell as is to an investor.It’s a nice little house needs very little work.

If I'm ever in the podcast, I will say it is Rich Dad Poor Dad)I have one commercial and one retail property, another that is scheduled to close in about a week, and one auction I was considering only because it was a street away from my newest property and I really like the neighborhood.