At REI Capital Fund LLC, we’ve worked with a wide range of investors, from those flipping their first property to those building large rental portfolios.

For fix-and-flip investors, having immediate access to these funds is crucial, especially in a competitive market.By collaborating with an earnest money lending partner, investors can alleviate the financial burden of upfront deposits.

Leverage my expertise to connect with top-tier, peer-reviewed real estate professionals and discover the best funding options available on BiggerPockets.What You Can Expect from BiggerPockets' Concierge Service:Personalized Assistance: I'll ask 6 to 10 questions to fully understand your strategy and timeline.No Hidden Fees: Enjoy this complimentary value-packed service as a thank you for being a Pro member.Powerful Tools: Using BiggerPockets’ advanced Finder Tools, I’ll conduct an in-depth search and, with your approval, connect you with investor-friendly agents, lenders, tax professionals, and property managers.

I have spoken to PML that fund flips and they aren’t sure how to lend for auctions.

In theory, this is what I'm proposing -- I'll fund 20% and cover closing and rehab costs.

In these states I assume that just like a standard foreclosure, all funds acquired during the sale that exceed the outstanding contract balance and any liens on the house go to the contract buyer (vendee?)

@Matt @Matt Ruttenberg Did you get your project started or find a funding source?

Joe can answer this other that funding a few land flippers in Texas the last few years I have not done any deals on improved properties..

Leverage my expertise to connect with top-tier, peer-reviewed real estate professionals and discover the best funding options available on BiggerPockets.What You Can Expect from BiggerPockets' Concierge Service:Personalized Assistance: I'll ask 6 to 10 questions to fully understand your strategy and timeline.No Hidden Fees: Enjoy this complimentary value-packed service as a thank you for using BiggerPockets.Powerful Tools: Using BiggerPockets’ advanced Finder Tools, I’ll conduct an in-depth search and, with your approval, connect you with investor-friendly agents, lenders, tax professionals, and property managers.

If it were me I would do a HELOC to be able to tap into that equity, and use that to fund other investments.