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How do Foreclosure Auctions Work? How to Find Properties, Research, and Bid

HomeLight

While investors are known to attend and bid at foreclosure auctions, you can do it, too. The title’s been checked out, you can go inside the house and look at it and do all your due diligence. With the courthouse steps [auction], you literally do no due diligence.”. But how do foreclosure auctions work?

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Flipping Houses in New York: 5 Cities to Consider

HomeLight

Investors and individuals are drawn to house flipping in the state of New York because it can be creatively satisfying as well as a very lucrative venture, with flippers earning an average profit of $56,400 in the Empire State. Wise says most of the investors in his area are looking for a 15%-20% profit.