I’m still too chicken to buy this way. I’ve worked hard to save my $$ and don’t want to risk it. Seems like there’s too many ways to lose.
(Although there are lots of ways to make money too.)
Maybe I should change my pigg ID to scaredycat. Oh wait, that’s taken. LOL.
But the idea of buying at the steps is intriguing… Especially since I am attracted to the idea of getting a rental property if it cash flows. But the risk of unrecorded liens, no inspection, etc… those risks keep me from pursuing it.