Investing in super distressed properties

[Brian Ward]

There are two SUPER distressed properties in my area. One a 4 bedroom 1 bath single family home and the other a 6 bedroom duplex. Both are around $20000 and I’m going to try and talk down a couple thousand. My plan was to try and seller finance the home and hard money the renovations or straight hard money altogether. These are ZOMBIES to me, maybe because I’m new but I just wanted to know if this is a smart idea.

[Greg Dickerson]

I love heavy lift properties as long as they are structurally sound or easily corrected if not. The worse condition the better. Commercial and residential. They can be the some of the most profitable if you know what your doing. Try to find another investor or GC to partner with and learn from them.