Property going to auction

[Michael White]

Hi guys,

Just wondering what sort of time scale before a property goes to auction could a wholesaler potentially intervene and try to figure out a deal with the owner and the bank? For instance if there is a condo which has a set auction date of 27th January, would it be too late to work everything out?

For instance - this property in
Fresno http://www.zillow.com/homes/for_sale/fsba,fore_lt/...

is up for auction shortly, with an estimated value of 96k. If this could be purchased at a discount, and the rents are around 1-1.1k per month, wouldn't the returns would look alright for a potential investor?