Purchase price: $27,500 Cash invested: $125,000 Sale price: $169,000 This was a 1 BR/2 bath 100 year old property in a historic district.

I won a bid to buy a property from the local school district and have funds in place, but I placed the bid in my name and want to assign the contract to my LLC.

Desirable area and school district How did you find this deal and how did you negotiate it?

We're the cheapest house on the country culdesac and jumped on it because it has a rare 2.6 acre lot in a top notch school district. 

Good school district.

Other then that the property is located in the Clear Creek Independent School District -an independent school zone with super excellent ratings which I believe increases the tax bill.As for sale price -  I know for sure that a similar renovated unit has been sold in the complex for $120 just a couple of weeks ago. 

My house is in Sylvan school district so it'll be a little better than like a hillview or stranahan but not as nice as highland whiteford central/timberstone. 

Possibly look into the website of the local district court where the property is located.

Purchase price: $29,965 Cash invested: $92,965 At the annual District of Columbia tax sale, I picked up two liens this summer.

I contacted the district council person.