3-Lets say I bought one of these judgments and I know there is no mortgage or liens on the property will I be the owner directly or is there any other steps i need to do I heard that I need to close in 30 days or so which i have no idea about.4-Lets say I bought one that has a 1st mortgage and Im liable for it...what should I do I mean whats the next step after wining the bid at the auction.5- Another Scenario: a company suing and owner and won the judgment for 550k (the owner has 2 properties one of them is a land that worth around 80k in the market and the other is a house that worth about 600k) the sheriff is selling the land only at the auction not the house, what happens if I win the bid will I just get the land and the company suing the owner will go after the house that hasn't been scheduled for sale yet to satisfy the rest of the judgment?

They have three day grace period.I encourage tenants to deposit rent directly into rental account at Chase bank.

I'm wondering if someone with experience in self-directed IRA investing could comment on the possible path below (I acknowledge no one responding is providing legal advice, etc. and I should check with a lawyer - I'm just looking for whether going down this path might be possible before calling my lawyer and getting a bill). 

Lets say I would find 8-10 people that want to put money from their IRA's into a Self Directed IRA to fund this deal. 

Out of curiosity, are you still moving in the direction of real estate investing?

However, if you can figure out what the house should sell for I would try contacting the owner directly first.

Do we need to pay now or is there some other page I am missing...thanks in advance and please point me in the right direction...I'm only looking for a basic "offer to Purchase" form...a simple one page form would doBruce

If you don't feel comfortable posting it on here, feel free to connect and send me a direct message. 

The bank isn't going to work directly with you.

.), 1031 exchange and using a self-directed IRA (or solo 401k) to invest in properties.