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Updated over 13 years ago on . Most recent reply

Ayana Mingo's profile image
Ayana Mingo's profile image
Ayana Mingo
  • Real Estate Investor
  • from Philadelphia, Pennsylvania
  • Member since Mar 1, 2011
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Ayana Mingo's profile image
Ayana Mingo's profile image
Ayana Mingo
  • Real Estate Investor
  • from Philadelphia, Pennsylvania
  • Member since Mar 1, 2011
Connect
Ayana Mingo
  • Real Estate Investor
  • Philadelphia, PA
1
Votes |
20
Posts
Wholesaling

Wholesaling a property with back taxes

Ayana Mingo
  • Real Estate Investor
  • Philadelphia, PA
Posted

I would like to wholesale a property but it has a $16k in back taxes and needs $20k in repairs. Most I would offer for the property is $10k- $15k. The repairs is normal for a distressed property but taking care of the back taxes could really break this deal. Would this deal be worth my while?

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