A total of 11,673 U.S. properties endured foreclosure filings — including default notices, scheduled auctions or bank repossessions — in October, a 20 percent increase from September, but still down 79 percent from a year ago, according to a report released Tuesday by Attom Data Solutions.Nationwide, one in every 11,683 housing units had a foreclosure filing in October 2020.

Visit auctions and ask frequent bidders if they buy from wholesalers2.

After months of waiting, i found a property from a wholesaler that met the 1% rule, so i made an offer in the auction and won. 

However, I still haven’t been courage enough to buy from Auctions or Foreclosure.

If you’re interested in obtaining a property “subject to” then your target market is exactly opposite, you want mortgage debt in order to take over ownership “subject to” the existing debt ( just the opposite of trying to find properties the owner will finance; with these debt free is better).The typical seller, in the type of sellers market we are in now (multiple offers, cash buyers, auction style bidding) who will do a subject to deal is one that financed his property with a minimum down payment (like 0-5%), hasn’t put any improvements into the property, isn’t in an area of fast appreciation, and needs to sell.

@Kyle J.I ask this because I went to a sheriff foreclosure auction, and the defendant that was being foreclosed on gave himself a lifetime lease of approx $1 a month for the rest of his life before the foreclosure went into effect.

If there are foreclosure auctions in your area, attend them (therewere 110+ eager buyers at the last one that I attended)    Get a business card from as many as you can.

Recently I was the high bidder on a foreclosure at sheriff's auction in MN and I currently hold the sheriff's certificate for the property. 

I recently bought a duplex at an auction with existing tenants. 

The property is an extremely low price (9k) due to it being a tax lien auction purchase and is not eligible for title insurance.