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Updated about 6 years ago on . Most recent reply

Derrick Spease Jr's profile image
Derrick Spease Jr's profile image
Derrick Spease Jr
  • from Winston Salem, NC
  • Member since Oct 7, 2017
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Derrick Spease Jr's profile image
Derrick Spease Jr's profile image
Derrick Spease Jr
  • from Winston Salem, NC
  • Member since Oct 7, 2017
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Derrick Spease Jr
  • Winston Salem, NC
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Wholesaling

Vacant properties with extensive repairs and mortgage

Derrick Spease Jr
  • Winston Salem, NC
Posted

I came across a vacant property in my neighborhood. It needs full renovation, 80k mortgage, CMA 149k. I'm new to real estate. I've been learning for about a year and I'm finally taking action. I originally wanted to wholesale this property, but I don't think that would work. I'm also thinking about doing a subject to, but still unsure about how to structure this. Any suggestions?

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