House fell in my lap.

[Walter Kimbrough]

Hello All,

So I'm new to the real estate world and I'm trying to get my feet wet. I was talking with my father and low and behold he has a house that is just sitting there and he owes back taxes on as well.

The thing about this house is that it will need a new foundation like a whole new foundation from footings on up. 

So my question is would you sit on the house and put in the needed work or would you sale as is?

Some background on the property: It does have the potential to be a 2 bed 1 bath property. Zillow has it estimated around 90k.

Any help on this would be great. 

My goals: I would love to have a few properties and be able to wholesale as well. Not sure if I want to get into flipping as of yet.

Thanks,
Walter

[Teri Feeney Styers]

and @Walter Kimbrough please forget about Zillow estimates - they are mostly way off. Either do a little research on your own or ask a real estate agent to help you...