I want to start attending foreclosure auctions to get a feel for how they operate before actually doing any bidding. I can never get specifics on when and where the auctions are to take place. The online realtor sites...

.- Today (as always) the most fertile group of sellers for sub to deals are the very VERY difficult deal scenario of pre-foreclosure.  

I recently cold called a list of approximately 500 pre-foreclosure properties and had a much lower answer rate than I normally have.

Take that for what it's worth. lol - PreQualification TBD letter versus underwritten lender Pre Approval.

It seems like there are paid services that will give you interior design to set up an str, buy new furniture, ship it and install it. Or you can DIY from Facebook marketplace, Craigslist, thrift stores and furniture s...

I'm having issues getting property under contract.Agent/seller wants a pre-approval of funds first.I can't get a pre-approval for every property or is that the way it works Thanks

Transaction costs, seasoning, pre-payment penalties, DTI impacts, minimum lending requirements (more than 50-60k), and a long list of other issues make this a bad strategy.Buy 1 and see how it goes.

Are you pre-approved?

I just listened to one of his youtube videos mentioning the VA will do everything for you, send you leads and can even pre-Scan for prospects and even send to attorney for closing.

All 500 of my deals (more then 2k of my colleagues) and many many of the props I own are all from PRE 1940.Heck my 7 unit I think was built in 1910, I get about 20% NET on that. .The 81 unit I believe that was about 1935.