Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 12 years ago on . Most recent reply

User Stats

83
Posts
9
Votes
Benjamin Ellis
  • Investor
  • Barrington, NJ
9
Votes |
83
Posts

What to do with first property?!?!?!?

Benjamin Ellis
  • Investor
  • Barrington, NJ
Posted

I need advice on the best way to move my first property……..My mother still owns a severely distressed property that is vacant. She owns it free and clear (maybe owes last year’s taxes) and we want to off load it. It’s going to be a complete gut job, and probably the best thing to do is to sell wholesale to be rid of it. However, we were considering rehabbing it because there could be more value in flipping it or renting it. The only problem with a rehab is that we don’t have the money needed to fund the project. Any ideas on what the best thing to do is and/or how we can acquire the money to do the rehab?

Loading replies...