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Updated about 3 years ago on . Most recent reply

Tony R Fox's profile image
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Tony R Fox
  • Rental Property Investor
  • from Fairfield, CT
  • Member since Aug 31, 2018
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Tony R Fox's profile image
Tony R Fox's profile image
Tony R Fox
  • Rental Property Investor
  • from Fairfield, CT
  • Member since Aug 31, 2018
Connect
Tony R Fox
  • Rental Property Investor
  • Fairfield, CT
27
Votes |
47
Posts
Foreclosures

Low Cash, How to Buy a Foreclosed Home at Auction

Tony R Fox
  • Rental Property Investor
  • Fairfield, CT
Posted

Hey there. Tony Fox from CT here. Looking to see how I can buy homes at auction. My dilemma is that I do not have enough liquid to potentially bid +$200k and compete with bids. I've been doing some research but wanted to pose the question:

What is the best way for me to bid at auctions but need more cash? Any alternative solutions for financing this?

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Gaetano Ciambriello
  • Lender
  • Member since Mar 23, 2021
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Gaetano Ciambriello
  • Lender
  • Member since Mar 23, 2021
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Gaetano Ciambriello
  • Lender
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277
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Gaetano Ciambriello
  • Lender
Replied
Quote from @Tony R Fox:

Hey there. Tony Fox from CT here. Looking to see how I can buy homes at auction. My dilemma is that I do not have enough liquid to potentially bid +$200k and compete with bids. I've been doing some research but wanted to pose the question:

What is the best way for me to bid at auctions but need more cash? Any alternative solutions for financing this?


 Hard money best route to tie this up

1 Vote
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