Updated about 5 years ago on . Most recent reply
Due Diligence Process for Auctions
Hi, I am exploring the possibility of buying a property (Flip or BRRR) through an auction. I would like to do it locally so there are two county's in my area I am exploring (Bucks and Montgomery County, Pa). I was wondering if anyone has a detailed process they follow when analyzing these details and narrowing down the focus? Currently, each auction has approximately 20 - 30 homes on the docket. In observing previous auctions, may of these will not even make it to a bid. What are some tips to find the ones that are most likely going to sell and what should I be looking for in the process? Thanks.