But I haven't done anything through auctions yet, as I have not purchased through an auction up to this point. 

Real estates makes money when you purchase the property.

Quote from @Olivia Armstrong: Hey all, My husband and I have been searching for a property purchase, one that temporary checks our boxes and also kickstarts our investing journey.

🔍 Investor Insight Needed – Owner Finance Returns on 1st Lien Positions 🔍Hey BiggerPockets community,I'm looking to connect with investors who fund owner-financed purchases in a 1st lien position.

I’m a first-timer, so bear with me if I sound a little clueless – I’m still figuring it all out.Here’s the scoop: I’m looking to purchase a long-term rental property within the $300-350k budget range.

Purchase price: $55,000 Cash invested: $25,000 Sale price: $119,000 Bought at around $50kFixed up at around $20kSold at $120k What made you interested in investing in this type of deal?

If your objective is to reduce your own tax burden, you are in essence confirming they have no valid AP claim.

A couple of months ago, I purchased a property using a hard money loan for $115,000.

Purchase price: $160,000 Cash invested: $40,000 Sale price: $268,000 I bought my first house in Kalispell Montana as a long term investment and possibly a rental.

Other considerations are the lost costs to sell and re-purchase other properties.