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Updated almost 10 years ago on . Most recent reply

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179
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Kevin D.
  • Investor
  • Wilkes-Barre, PA
42
Votes |
179
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It's official... Today I bought my fist REI.

Kevin D.
  • Investor
  • Wilkes-Barre, PA
Posted

There was a Tax Sale (Judicial Sale) today and I scouted out some properties and set my max bids for each property. I lost on two properties, but got one SFH for $10k or just over $11k after transfer taxes. My first call was to get fire and liability insurance...

I was told that I couldn't go in to the property until I get the deed in 45-60 days.  Is that correct?

Most Popular Reply

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1
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1
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Josue Montes
  • Fresno, CA
1
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1
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Josue Montes
  • Fresno, CA
Replied

congrats!

almost 500% return is not bad

I am also looking forward to that first REI here in Fresno.

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