is anyone out there try to invest in real estate by buying foreclosure and tax sale and sucess or making it?

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is anyone out there try to invest in real estate by buying foreclosure and tax sale and sucess or making it?

if anyone out there have try it and could make aliving out of it, please let me know. Thank you

2007-07-31 20:15:47 · 2 answers · asked by huong n 1 in Business & Finance ➔ Renting & Real Estate

2 answers

You won't successfully 'make a living' doing this. At best, you can invest in such situations as a means of possibly making extra income. Lenders faced with mounting foreclosures are not giving away these properties for 'a song'. They want out of them every penny they can get.

2007-08-01 01:01:30 · answer #1 · answered by acermill 7 · 0⤊ 0⤋

That was good 2-5 years ago in the US, sucks now.

2007-08-01 03:42:57 · answer #2 · answered by Anonymous · 0⤊ 0⤋