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Updated over 6 years ago,

User Stats

2
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0
Votes
Kevin Williams
  • Rental Property Investor
  • Las Vegas, NV
0
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2
Posts

COIURTH HOUSE STEPS!! WHATS NEXT...

Kevin Williams
  • Rental Property Investor
  • Las Vegas, NV
Posted

Hello I was curious, when buying a home via court house steps, what are some strategies to capitalize on the equity.

For instance, there is a home being sold for 100k but the ARV is 274k.

Now to purchase this home they require a down of 5% or 2,500, which ever is greater.

At that point do you have to get a mortgage on the balance in order to Rehab Reno Re-finance?

What strategies would be best to apply in this scenario. 

Also the home has 2,648 in back taxes owed.

Thank you I hope I wasn't too vague any help would be great.

God Bless.

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