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Updated over 4 years ago, 05/27/2020

User Stats

36
Posts
10
Votes
Anthony Martin
  • Investor
  • Pittsburgh, PA
10
Votes |
36
Posts

Is this a good deal?

Anthony Martin
  • Investor
  • Pittsburgh, PA
Posted

So, I've been eyeing a property that has been abandoned for a few years now and has some back taxes and tax liens totalling around 22K. My plan was to buy the property. The current Zestimate is around 115K. My only concern is this is my first purchase and I'm not in the position to fund the flip. I figured that if it is rehabbed it will probably sell for 140-150K. Should I just buy and hold the property until I can fund a rehab or consider wholesaling the property if the title comes back clean? Is this a good deal based off of this information?

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