not really. real estate auctions are different than others.
Certain eBay online auctions involve non-binding bids (for example, some real estate auctions). Non-binding bidding is not a contract between seller and buyer. However, non-binding bids represent a buyer’s serious expression of interest in buying the seller’s item. Furthermore, insincere bidding is not permitted
My sister company woks in and around Detroit, I am located 60 miles north and Detroit is a different story.
DO NOT MESS WITH IT!!!!
This is coimg from a man (me) who has just bought 3 properties in the past month.
Until you have been there, you just don't know.
There are properties like this all over a website that I go to less than 20 minutes from my house and I don't even waste my time.
DO NOT MESS WITH IT!!!!
This is coimg from a man (me) who has just bought 3 properties in the past month.
Until you have been there, you just don't know.
There are properties like this all over a website that I go to less than 20 minutes from my house and I don't even waste my time.
For $8500, why wouldn't you? If it doesn't need work to move a tenant in (giving consideration to the tenant you would get, not you or someone like you living there) then yeah. If you have to put $10k into, no. Finding a property manager may be tough though, generally they don't want anything to do with shit areas. Finding a Section 8 tenant would be PERFECT for you.
