I'm starting out doing redeemable tax deeds and going to auctions where everybody has "bigger pockets" than I do.

Quote from @Jason Phillips: Hi Steven - Sorry for the delay, but I am an investor with Goodegg (Hotel Fund and Wealth Fund II) and I have nothing but praise.

One option I haven't noticed being mentioned is to auction it.

My understanding is in Jersey, the owner has a set period of time where they can force the property to go to auction.

Hre are the key things to knowWhat you are bidding on - often oddball properties that are hard to identify and have little value are auctioned offThe true as is value of the property, The tax assessment can be way higher or way lower than the true as is valueThe local laws and how they affet your total costs and returns

Any person who can achieve property ownership, and then help others have a roof over their heads is a person worth high praise. 

Need to purchase property insurance for a rental property I just bought at foreclosure auction in South Florida. 

With actual cash, you just transfer it. yes, but you can still bid with lender approval - without appraisal contingency - you send in deal (app), it gets approved by lender its functionally the same as cash (except in true lightning speed situations where there is a quick auction with little time to prep but thats generally pretty rare I'd think)Right, but that's not cash or functionally the same as cash because the lender can change the terms at the last minute, as often happens with less experienced hard money lenders.

Thank you so much for the praise as this hypes me up for my next purchase this year as a 20-year-old using my first brrrr and funds from my house hack HELOC to fund it!!!!

I have a house in my target area coming up for auction in Cleveland.