Updated over 13 years ago on . Most recent reply
Buying homes from City Auctions?
Have any of you bought homes from city auctions? I have noticed many cities have a listing of boarded up houses that they are "auctioning" off. Many times, no one places bids on these homes and they sell between $400-$800 including any back-taxes that need to be paid.
Has anyone had any success buying, rehabing, and renting these types of homes?