Congratulations @Ben Leybovich good on you for the new deal.Would you mined sharing more details, like what's the value play etc?

Mainly, the systems implemented are fascinating (VA, automated offers, etc.)

Mainly, the systems implemented are fascinating (VA, automated offers, etc.)

However, it will be disclosed in the closing details, so don't think you're hiding anything. 

Thank you very much for your detailed response.

I have become fascinated with real estate investing only a short while ago.

I've never financed a house like this before and the devil is clearly in the details. $1,350 would have been a great amount to save! 

I’m sure will look at the property but I’d want my own Detailed inspection.

It sounds like any other sale, even though it is being done by auction.  90 days is Plenty of time to get financed, but you’d have to make sure:It’s zoned as residentialIt will appraise for your bid priceYou can have access for insurance and lender inspections/appraisals.It is in good enough condition to get a conventional loan, or you could take a shot at a 203k or Fannie purchase/Reno loan.The auction terms/details Should tell you if this is prohibited for some reason.  

I was fascinated by my interaction with this absentee owner and I think the connection we had excited me about being the first person he wanted to sell to at a “discount” because of my timing on the phone call.