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Updated over 6 years ago,
COIURTH HOUSE STEPS!! WHATS NEXT...
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.