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Updated about 8 years ago on . Most recent reply

User Stats

133
Posts
12
Votes
Marquell Jones
  • Investor
  • Helena, AL
12
Votes |
133
Posts

decisions??? need help

Marquell Jones
  • Investor
  • Helena, AL
Posted

There is a house in my local community area that has a for rent sign on the property. I went up to the property and saw that the tenant was being evicted. This was about two weeks ago that the notice was placed on his window at the property. My question is how should I pursue this landlord that is going through an eviction process and has a for rent sign? How would I negotiate me purchasing the property and Rehab in it and flipping it for income? And any type of suggestions on this house would be great. I'm not for certain but I would say that the house is at least a hundred and fifty thousand the way that it is and it's on the Main Street. Do I continue to let it sit in it becomes a hassle for him to have to pay the mortgage on it himself or do I just go ahead and try to make a proposal? Now keep in mind that I am new and I don't have any Capital my credit score is going up. But also is this something that I could do or say like a hard money loan and have that money to purchase the property and Rehab the property?

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