Real Estate Deal Analysis & Advice
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated over 4 years ago on . Most recent reply

Need Help - Is this a good deal? If So what is the offer?
2 bed 1 bath 700 sq ft house - with unfinished basement - built in 1930 on .25 acres inside city limits, fully fenced with chainlink
Absentee owner purchased in 2004 for $55,250
Unpaid balance $37,086
Home in default for $6561 and going to auction in September.
Tax assessed value $80,000 (50K of that in the land itself)
Zestimate $103 370
Needs a new roof - can't get in to look, but I'm sure its a fixer.
Although I could, I don't want to purchase it outright. What kind of deal could I make with the current owner?