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Why not get properties at auction? Everyone and their mother is doing that.  I don't recommend following the herd and going to a foreclosure auction.  Don't buy foreclosures at an auction or you'll LOSE OUT BIG TIME! HOW TO GET "LOTS" FROM THE BANK FOR PENNIES ON THE DOLLAR!   The bank has deals where you can get 10, 50, 100, 500 or more properties

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They do the repairs, they still got about 35% profit margin there. That’s how it works. Now, again, this is how most fix and flip investors figure their formula for acquiring properties. However there are some fix and flip investors that don’t have this formula. Or they don’t have a formula at all. So what you want to do as you meet these investors

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