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Question by flipondizmission: government auctions? good investment than buying regular??
same as tax auctions? okay so if u go to a govt and im sure theres alot of serious buyers..and I heard mostly the houses or autos etc. are not in good shape….but if ur gonna invest wouldnt this be a better way to go than buying regular property off the bat? from what I heard you have to pay the remaining mortgage so how about if u payed someone to NOT pay there mortgage so that u could re sell it and then SPLIT profits??? so in the end u can possibly make more money …would that work or is it more to it buying government auction stuff???
Best answer:
Answer by Doc
You really roll the dice at auctions. You can get dirt cheap stuff, but be prepared to fix it up. Do you homework and you’ll be fine.
What do you think? Answer below!
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