Wilmington, NC is not a low priced market.  

Im researching a couple of properties and the Zillow estimate for rent seems really low.

I used a private lender because this property was a "3 Season" cottage on a lake and didn't have heat or insulation, and therefore wouldn't qualify for a conventional mortgage.

I would first check what the building is assessed at. 3-4k in taxes for a mixed use building seems crazy low.

In today's very low interest rate environment, something in the 6-8% interest rate range usually works for both parties.

A good example is a 2 family with structural, electrical and plumbing issues on a home that is 100 years old and needs lots of work but the seller was hoping to get 190,000 and currently includes heat, hot water and electric and is only getting 1100 for the side that is rented. 

Looking for an investor friendly Realtor to help me sell a low value REO property nre Quarry Park.Thanks

This seems like a lot of money to tie up for a low profit.

I have only found as low as 75k for stated, everything under 75k is full doc.

Investor physician with strong income and low personal debt looking for solutions to refinance some of portfolio and pull out some equity for further investing with history of Foreclosure on personal property in 2012.