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Updated almost 7 years ago on . Most recent reply

User Stats

9
Posts
2
Votes
Melissa Camden
  • Cameron, NC
2
Votes |
9
Posts

Opinions on a property

Melissa Camden
  • Cameron, NC
Posted

Hello I am just beginning my real estate investing journey. A little about me - I am currently AD military living near the Ft Bragg area in North Carolina. I don't have the most money saved but I would like to start working my way towards financial freedom. 

I have been looking at this property but because I am skeptical I would like thoughts on if this seems to be a good idea or not. I don't have a ton of money to start but I could get a VA loan and a line of credit to do any rehab. Also why did this house sell for so cheap ($6,000) in 2016 and is now being turned around for $45,000? The link is posted below. What would YOU do?

Thank you for your time.

 https://www.zillow.com/homedetails/220-Andy-St-Fay...

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