Which is also frustratign for myself finding good flips or rentals that I'm not dropping big money to land the 'deal"The market here reminds me a lot of when the foreclosures were on the rise and I was bidding with 10-20+ offers on properties in Atlanta, Ga.

They then stay there, and you can't do anything about it, and your out the money, because they couldn't afford the payment before, now they will just go back into foreclosure after a few months and lose the house.

I am buying my first forclosure property at a county auction in Long Island ( Suffolk County ), New York. Does anyone know any title companies or attorneys that can help with do diligence regarding liens, violations, ...

 Is it a violation of PHIFA to buy a house subject to an existing mortgage that is about to be sold at foreclosure auction?

In judicial foreclosure states it's often quite difficult to get portfolio lenders to lend in.PM me.Stephanie

Maybe put your dream on hold and swoop in on the foreclosures that will be on the market in next couple years...

And something that many get caught unawares. in some of those cities and for sure the city of Detroit... even though utls are in the name of the tenant .. they become a lien if not paid.. and nothing can remove them not even a foreclosure.

I definitely want to go the BRRRR (buy, rehab, rent, refinance, repeat) route.I'm trying to focus on REO, HUD, foreclosures, preforeclosures, and bankruptcy properties that I can effectively use the BRRR method on.

Got my first deal done through Auction.com - a single family house that just went through foreclosure.

Was hoping there was a brokerage in my area that had experience dealing with flippers and REO/foreclosure sales etc to learn processes and differences between them as opposed to standard home sales.