All others since have come from auctions, wholesalers and direct marketing.

Simply as a point of information, there are guys who make a living wholesaling auction properties.

my dad bought a house at the auction yesterday.

Sorry about that.....My question is this:If it I bid on it at auction and win, is it still available for homepath financing and reno?

The highest return has been a house I bought at an auction that needed very little work.

Online lien certificate auctions with rates that start ay 18% and go down from there.

As far as the plan goes right now I am attending some auctions in my area to get an idea of what properties sell for as well as checking out lots of houses on mls in the same area to better my idea on pricing.

We have recently started going to the courthouse auctions and were thinking about this for auction properties if we could get them really cheap.

So, the winner of such an auction, or the lien holder if there are no bidders, becomes the owner.

Also, while it might be tempting, try to stay away from very popular praises as you get into a competition with larger organizations which may be very well funded.