Does anyone know how to purchase foreclosure auction properties with transactional funding ??

Would that be a safe way to proceed?

@Justine Scheuher To be safe, yes it just sits there. 

This is a unique transaction in that it is a portfolio of residential units instead of on commercial property.

I will begin to look into transactional funding, after just a brief search most transactional lenders want the B+C side to close on the  property same day.

Of course it's all about comfort level and what kind of rentals you buy but you can certainly play it safe and do waaaay less than 100% cash.

All transactions are managed through a licensed title agent.

I dont know much about teams but I would guess they split commission's , I dont see why they would want to do that after the broker split unless its a big transaction or high amount of closings

It's a safe area, good schools, right by a grocery store, and on a dead end street (no traffic).

Yes, I realize there are better deals to be made out there; but for my first investment property it seems like a pretty safe way to get my feet wet.