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All Forum Posts by: Lance Castille

Lance Castille has started 1 posts and replied 2 times.

Post: What's stopping you from buying your 1st investment property?

Lance CastillePosted
  • New to Real Estate
  • Lafayette, LA
  • Posts 2
  • Votes 1

@Salvatore Lentini down payments and reserve capital!

Post: foreclosure property bought by a bank at sheriffs sale

Lance CastillePosted
  • New to Real Estate
  • Lafayette, LA
  • Posts 2
  • Votes 1

Hi All,

Very new to real estate investing. I was going through foreclosures on a website and decided to look up the property's information on the tax assessor's website. I noticed that the bank that owns the property, purchased the property at a sheriff's auction for $45k but is selling the property for $90k. Can I use this information to negotiate the purchase price or would I be wasting my time?