I try to answer your questions openly and honestly. This post originated with a reader question:
Is there a way to buy into the market of homes that are up for auction an or tax liens without using my own money and doing the remodel myself and having a real estate agent do the marketing for it?
There are really three—maybe four—questions expressed here:
- Can I have a real estate agent do the marketing for me?
- Can I buy a house at auction or from tax liens without using my own money?
- Can I renovate a house using other people’s money if I don’t do the renovation work myself?
- Can I renovate a house myself using other people’s money?
The answer to each of these questions individually is a resounding “Yes!” The answer when you start stacking them becomes increasingly less certain until it finally results in, “Well…maybe?” I don’t like to argue for limitations, but it depends on your reputation and how persuasive you can be. Luck does not play a big role in business. Continue readingHermann says please like and share!