My First Would Be Flip

[Marci Zhang]

I felt I was ready to get out there and give flipping a try. I found a house on Auction.com that seemed to work if I could get the right bid. Today I got online and the house disappeared!!! It was supposed to be up for auction Oct 16th and now it is gone. I guess I need to keep looking. I was really hoping this would work out so that I could experience the process from start to finish and start my journey.

[Dan Liptak]

I like auction sites. Many times they are listed on MLS for more than auction and if it gets an offer they cancel auction also sometimes they have a end this auction now price.

Alot of times these distressed properties get interested buyers but they get cold feet before signing contract often in a week or two they are back on market.

People see contract... no inspection, no warranty, no financing contingencies... NO WAY!

Its par for the course.

Good Luck