This is why it's helpful to understand the mechanics and process of the litigation process.

Flipping houses is as much about people as it is about property.

This is a great question in my opinion because I believe in many cases, people should buy an investment property before their primary home. 

Make sure you work with a lender who understands cash-out refinancing to get the best terms.Feel free to reach out if you have any more questions or need further clarification. 

However, make sure they understand that this means each person is ultimately accountable for the full rent amount.

As I understand, I'm still responsible for paying condominium fees and property taxes, which is becoming a significant burden for my household.I'm exploring options to recoup at least half of the property's value, considering it's currently uninhabitable.

That fact alone rules out Florida.The biggest mistake we see investors make is blindly investing and not understanding what is going on with their properties.

I see how it could bring more people, but also couldn’t it have a flip side to that too? 

Some investors think I am crazy doing that and perhaps so, but I take other people's money seriously and even when the crap hits the fan (and it will if you do enough deals for a long enough period of time), paying back your lender is priority one in my book.Most of my deals for private money also include a balloon payment rather than monthly payments.

My question is: if other people place another bid, would I see the price increase when I try to make a bid?