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I’m Four Months Into a 1031 Exchange—Now It’s All About Finding the Best Deal in the Haystack
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Foreclosures
HomeForumsForeclosuresAuction.com. Well I tried
Autumn Rankin's profile image
Autumn Rankin's profile image
Autumn Rankin
Pro Member
  • Rental Property Investor
  • from Bandera, TX
  • Member since Feb 9, 2017
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Autumn Rankin's profile image
Autumn Rankin's profile image
Autumn Rankin
Pro Member
  • Rental Property Investor
  • from Bandera, TX
  • Member since Feb 9, 2017
Connect
Autumn Rankin
Pro Member
  • Rental Property Investor
  • Bandera, TX
55
Votes |
148
Posts
Foreclosures

Auction.com. Well I tried

Autumn Rankin
Pro Member
  • Rental Property Investor
  • Bandera, TX
Posted Aug 14 2018, 11:07
We used the BP calculator and the BRRRR one. Wanted $20k from it. Previously valued at $80k, needed $15k MIN of repairs. My max bid was $49,500. It didn’t even meet reserve!! This property was purchased in 2006 for $60,000, and $49,500 wouldn’t cover it??!! What are your thoughts??
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