Auction Properties to Wholesale or Rehab

Auction Properties to Wholesale or Rehab

Rockwall, TX · Member since 2018 · 1 post · 0 votes

I am looking at Auctions.com to get wholesale properties for rehabbing, but I don't have cash to buy.  Would a hard money lender or Private Lender be a good source of funding?

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  • Investor · Pittsburgh, PA · Member since 2015 · 1k+ posts · 1k+ votes
    8y

    @Debbie Key I have purchased probably a few dozen properties from online auction sites. I have used private money on most of them. Get yourself a few good lenders and get your finances over to them so they can approve you for a loan. Once you are approved then you need to go and find a deal to bid on. 

  • Lender · Berkeley, CA · Member since 2017 · 1k+ posts · 549 votes
    8y
    You can use lending to wholesale out of auction sites and Sheriff sales. I have contracts that can help you with that
  • Real Estate Professional · West Palm Beach, FL · Member since 2012 · 23k+ posts · 13k+ votes
    8y
    You won’t be allowed to assign.
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