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What happens at a foreclosure auction? Here’s how it works: Investors perform due diligence before the auction starts to determine their maximum allowable bid. It’s vital to stick to your bid number and not get caught up in the pressure of competition. Investors use foreclosure auctions as a way to secure deals because you can buy them for way below market value! Follow Two Guys Take on Real Estate for more tips and tricks to purchasing multiple real estate investment properties. #investmentprop
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When it comes to real estate investing, foreclosure auctions can present lucrative opportunities. However, investors must exercise caution when bidding on properties that are occupied by existing tenants. This type of investment carries additional risks that need to be carefully evaluated. Existing tenants may have legal rights and can pose challenges for the investor in terms of eviction and lease agreements. It is crucial for real estate investors to thoroughly research and understand the tena
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