Buying a Foreclosure REO
Hello Biggerpockets community, I had a quick question for anyone with more experience with REO and foreclosure listings. I recently found a Duplex 2 unit building in a great area and in need of cosmetic work from the outside and have no clue about the inside. I was told it was tenant occupied and i could not see the inside, Was sold as is, where is. There are no inspection or financing contingencies and the value was said to be $155,000 for the building. I currently have most of my cash tied up in other investment flips and don't have the cash to buy but can easily get a loan for the building after purchasing it Any advice or ideas on how to purchase such a building? It was listed nationwide on an auction website and I really hate to pass this deal up. Auction started today and only a few more days left. Would greatly appreciate any help. Thank you for reading.