So this house in my neighborhood is set to be auctioned off in the near future and it got me thinking about investment possibilities. I understand that purchasing a foreclosure is a cash only venture so I know my limits... I'm pretty handy as far as reno's go, and I have family that is very experienced so I'm confident resto expenses could be kept in house... Anybody have any experience with buying RE at an auction? Risk/reward worth it? Or have I spent too much time watching hgtv??

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'10 E83 Msport 6spd *slicktop*