Our strategy for now is to pick up good brrr projects from our local courthouse auctions specifically single family homes.

I highly recommend going to one of our Thursday meetings to check out what we do at the foreclosure auction.

Don't know the risk of doing any major renovations within that time,mcreating some "equity" above the auction sale price.

What happens is the county will eventually foreclose and then auction off the property.

Closing on my second foreclosure bought at auction tomorrow in SC.

Hey guys,Our county just put out the Upset Sale list of houses going up for taxes next month.If I were to reach out to the owners and try to buy their houses NOW, before they go to the auction, is that possible?

At the very least, the local title company should be helpful, I would think.I would expect you'd need to involve some type of transactional funding so you can do two transactions: foreclosure to you (auction sale), then sale to end buyer.

Anyone has experience with IRS auctions?

REOs, what I found out, have been properties that couldn't be sold through sheriffs auction.

Do this for a few months – you may want to take a real estate course to get your license – Attend REIA's – BUT do not trust the sales pitches you will hear – I don’t think you should spend your money on those programs – if you want to spend some money – get a mentor –The candidate for your mentor should be financial successful – in many phases of making money in real estate; auctions, tax sales, lead generations, contract engineering, assignments as well as the many creative clauses’ used to buy real estate.I think you will do well – take it slow and easy – don’t be influenced by big talkers – counsel with spouse – create credit lines – be ready with a form packets of contracts – assignment forms – notes – disclosures and blank checks – study and learn from others ------ AND HAVE FUN – your journey to a better income and more of what you want out of life is exciting and profitable.