From what I've read, all I need to do is fill out a Quitclaim Deed, sign in the presence of a notary, and record it with the county clerk where the property is located.

As for foundation or other concerns about the condition of the property, there's no real way to know for sure since you don't have access to inspect the house before the auction (hence the risk).

You have come to the right place to begin your investing journey.Have you looked into attending local meetings and joining Facebook groups?

I am aiming to connect with other real estate investors and people in the real estate industry.

Thought I’d share a deal with you guys that I completed a bit ago as I rarely see people talk about projects like this.I purchased a house that was repossessed by the bank.

My tenants called the City to try and get it adjusted, and they pushed it onto me.How would you handle the situation?

Rent out both units to cover the mortgage while we subdivided the land and built properties to sell on the back half of the land.Option #2: 1 year - Same as option 1, however, instead of building more units, sell off the lots to builders.

You have come to the right place to begin your investing journey.

Make sure you fully understand what the fees cover.

Chicago is about to make history as it becomes home to one of the largest quantum computing campuses in the world.