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Updated over 9 years ago, 07/27/2015

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62
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0
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Mike Chubb
  • River Grove, IL
0
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62
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Looking to for help on financing this deal

Mike Chubb
  • River Grove, IL
Posted

ok I have a 3/2 brick home in Franklin park illinois that a in cook county ok here it goes the owner wants 10,000 it has a total of 72,000 worth of tax liens and village violations(water and maintanace) needs 74,500 in repair. ARV is 170 to 175 there is a rush to get 23,000 from the tax buyer before August 14th or I lose the whole deal I'm considering getting the property for myself to hold for a few years then sell my credit is terrible and I know I can't get traditional financing for this distressed property what can I do?

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