Investment Info:Single-family residence buy & hold investment.

Hi: Carsyn, I'm in Oklahoma, curious to know what your platforms buy box is for SFR.

This is like buying any other property, it is valued at whatever the market is.  

There is so much MORE work involved as opposed to buying a fixer-upper and rehabbing that!

I want to buy it and build a prefab home 3/2 around 2k sq ft.   

We said we would buy as-is and take care of all the trash ourselves.

Consequently,  there's rarely enough of a deviation in price between these auctions and what you can buy on the MLS/elsewhere with full diligence capabilities to make these transactions worthwhile. 

I'm in the same boat for reference- I bought into the "buy now, refi later" idea and am sitting on a 7.375% on my latest property acquisition and a commercial line of credit I have is at prime + 1 (so 8.5%).

I buy to rehab and turn into rentals so Pinson, Pelham, Bessemer are a great fit for the areas and returns I'm looking for.

Your investment property - This you could do a 1031 exchange on and buy another property you intend to use for investment.