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Updated about 9 years ago on . Most recent reply

Carolyn Morales's profile image
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Carolyn Morales
  • Investor
  • from Jacksonville, FL
  • Member since Dec 20, 2015
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Carolyn Morales's profile image
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Carolyn Morales
  • Investor
  • from Jacksonville, FL
  • Member since Dec 20, 2015
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Carolyn Morales
  • Investor
  • Jacksonville, FL
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Real Estate Deal Analysis & Advice

multi family deal in 32219

Carolyn Morales
  • Investor
  • Jacksonville, FL
Posted

4 unit multi family 8br 4 ba.  3 units currently rented ..block construction..window ac's..for sale for 55k..in 32219 

Is this a good deal with 12 k in back taxes owed? Does a new purchaser have to pay the back taxes? What are insurance costs on a multi family?

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Jeff B.'s profile image
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Jeff B.
  • Buy & Hold Owner
  • from Redlands, California
  • Member since Oct 28, 2015
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Jeff B.'s profile image
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Jeff B.
  • Buy & Hold Owner
  • from Redlands, California
  • Member since Oct 28, 2015
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Jeff B.
  • Buy & Hold Owner
  • Redlands, CA
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Jeff B.
  • Buy & Hold Owner
  • Redlands, CA
Replied

It is in your interest to pay back taxes as to not do so would add a lien against your property, at best create a 'clouded title' and subject you to a tax foreclosure.

Are you buying at auction from a tax lien?

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