what would you do

[Alesha Rayford]

i have a property on my hands wit a 84K mortgage and market value is about 125-130k...what can i do with this property? what are my options?.. i was really looking to wholesale, any advice is greatly appreciated. 

[Thomas Usher]

You have to ask yourself "what are my goals?" How does this property's potential get me closer to where I want to be? If your only wholesaling property this property could get you 5 - 9 thousand. If your selling it in the retail market it could get you 40k or more (if it doesn't need repairs). You can hold on to it, bring it up to a rent-able condition, rent it out and use a portion of the equity as a down payment to buy other properties. Which ever fits your goals/plans.