Auction
Hello BP,
I have a question for the forum.
First time question poster, long time Q/A reader...
It's my first time reaching out to the forum for some feedback in regards to purchasing a property at an online auction. I was introduced over the weekend to a property that is in a desirable area going to auction in now 4 days.
I am not an expert, but ran my own preliminary rehab costs.
I ran the numbers to wholesale the purchase to a rehabber and they work. I have a buyers list for the area looking for great deals.
Plan A. Wholesale to a rehabber.
Plan B. Wholesale - I rehab and retail.
This property was only made aware to me by an RE Agent whom guided me to this opportunity just recently.
What would you suggest in this situation? Move on as 4-days is too little time?
Is (4) days too little time? I appreciate any feedback.