Looking at inexpensive complete renovations - tax foreclosed and need to show funds for rehab. Many of them are a few thousand to purchase / with about 20-45k to complete rehab (must show funds for estimated rehab). Curious if this is a good place to look for flips or if it becomes to much of a hassle - new to this space so any advice appreciated. Thanks in advance !
What state are you in?
What's the minimum hold time before you can sell.....ie is there a redemption period, can you get title insurance.
Why do you think acquisition cost is low? Minimum bid is not always the sales price.
Evaluating on all fronts - in Wisconsin. The listing info I’m reviewing shows the price of property along with the renovation estimates. Most total to roughly (what’s in listing) to about 50-60k. Barring restrictions on occupancy I’m reviewing a bunch of info to see what I can find out