To put this in terms, that's making yourself a "Quantum Real Estate Investor".

When buildings like this do come up, it's usually placed on the MLS, but you're gonna need to keep an eye on the market for long stretches of time.

The strategy there is more about long-term appreciation since cash flow can be razor-thin.

They don't charge a management fee as long as you buy a home from them every year.

Real estate is an excellent avenue to help you achieve those goals, especially since it can create both passive income and long-term wealth.

The property will be strictly for investment purposes, not a primary residence.I’ve been looking into two potential financing options:Hard Money Lenders (HML) – I’m drawn to this option for its speed in closing, but I know the rates can be higher.DSCR Loans – This seems like a great option for long-term rentals, but I’m unsure if it’s the right fit for my auction property since it might need some rehabbing.I’m also considering purchasing through a land trust or an LLC to add a layer of protection and privacy.So, my questions are:What’s the best way to approach financing for auction properties?

After the HELOC, it would drop down to about $450 per month.My goal is long term equity and appreciation, and not cash flow.

For short-term and mid-term strategies working there, the simple answer is that it depends. 

come on now.. we all know these are fake lenders.. its simply not real.longer term fully doc  sure.. 

For me I think it depends on how much money you have invested into the home and for how long?