Also, have you gone to the tax auction?

I'm at the courthouse steps, I buy off MLS, online auctions, wholesalers (which you are correct that 99% can't perform), word-of-mouth, you name it.

Foreclosures, ( before auction , at auction, post auction ) Probate, ( pre probate, probate auctions, probate heirs) Landlords ( out of state, free and clear, some debt ) Current owners, (lots of debt, good loan) Tax sales, Big auction houses, Notes, Major fixers, vacant houses, major burn outs.

A couple of days later the exact same property was put up again for auction.

So the county takes the right to auction his property at a tax sale in order to recover taxes owed.Anyone, including the owner and lien holders (including a bank holding the mortgage) can bid at the auction.

Bank having no clue about it has been common in my dealings, most of foreclosures I have bought after talking to neighbors, the banks sat on the property for min of a year, sometimes up to 2.About pricing, I contacted them on one house I found and even though it had already sat for a year, they still wanted FULL price....it sat another year and then went to auction for a 1/4 of that.

I am new to real estate investing in the USA but looking to purchase foreclosures and auction sales in Dallas, Indianapolis, Kansas and Atlanta.

The real reason for the post is to see if there are any of ya'll out there who buy or have bought salvage title vics.Buying a salvage title car has intrigued me for years but I've never done more than pursue some auctions etc.

I have two incorporated businesses and I'm going to transfer a rollover into the i401k.Need the checkbook function since I use online tax lien auctions and they require an ACH of the deposit before bidding and then an ACH within 24 hours of the end of the auction for the final balance.Most SD custodians without the checkbook can't deliver the funds as fast as I need them to the counties after the auction ends.Checkbook i401k and SD IRA's can give me that speed option.

I am in a similiar situation - bought a house with conventional financing, at a deep discount (got real lucky on a HUD auction) and hope to do what you did.