Bidding to Buy: A Step-by-Step Guide to Investing in Real Estate Foreclosures

Welcome to the world of buying foreclosed homes at auction―a real estate strategy that lets you remove the middleman, decrease your competition, and buy at a discount.

Bidding for properties on the courthouse steps while competing in real time with other investors is a thrilling experience. There’s nothing like it in the world of real estate, but there’s also a lot to learn. With dozens of insider auction secrets that are proven to help maximize returns, Bidding to Buy will show you the skills you need to successfully bid at auction, then turn a healthy profit on your investment.

Successfully buying foreclosures isn’t a matter of luck, and it isn’t for insiders only. However, it does require a process―one that can be repeated for optimal returns. In this book, you’ll find a full blueprint of the foreclosure process, including the repeatable five-step method that the authors have used to buy thousands of properties.

Discover a new kind of real estate investment and uncover profits on your local courthouse steps!

Inside, you’ll learn how to:

Find properties before they are broadly exposed to the market

Understand the entire foreclosure process and how it differs from state to state

Conduct complete title research and develop an eye for red flags

Navigate the potential risks and pitfalls behind a live auction

Access property listings and early posting data

Build an accurate financial analysis on any available property

Acquire creative and alternative financing methods, including no-cash solutions

Complete critical post-auction steps, such as evicting tenants

David Osborn is the New York Times bestselling author of Wealth Can’t Wait, Miracle Morning Millionaires, and Tribe of Millionaires. He has completed more than one thousand real estate deals over the course of 25 years, including single family, multifamily, development, and private equity investments. As a serial entrepreneur and the founder of more than fifty companies―including the 7th largest real estate company in the US, with more than $9 billion in sales in one year alone―David’s goal is to achieve success in life by helping others achieve success in life. He currently lives in Austin, Texas.

Aaron Amuchastegui is the CEO of Roddy's Foreclosure Listing Service, which trains thousands of people to buy houses on the courthouse steps. Since 2009, he has personally completed more than 1,500 deals, most of which started at live, courthouse-step foreclosure auctions and ended as fix-and-flips or rental properties. Aaron is also a co-host of the Real Estate Rockstars Podcast, an Ironman triathlete, and a world-traveler alongside his wife and children. He currently lives in Leander, Texas.