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Updated over 6 years ago,
Bad credit & need 10K max to get inherited property ready to rent
Hi all,
Not sure if I have any good options here but I inherited a property in zip 80003 and I'd like to hang onto it as a rental. I just need the 10K to get it ready. And my credit is terrible due to some bad times where I had lost my job suddenly, so right now I'm in credit rehab mode (or at least not making it worse since I have a new job and things are back on track).
Mortgage balance is about 130K. Probably worth 350-370K as is.
Or is it better to sell it?
Thanks