ruth_bain2002

I just found this house .The lady owes 123,000 on it and the house needs about 20,000 in repairs. The market tax value is 147,500. She would like it if I leased it or owner contract it. The problem is that she also wants about 10,000 over what she owes. Can I still get the house and put it on the market as a as is house and hopefully find a buyer or am I going to run into problems getting it. What about getting it fixed and putting a renter in it. What do you think about this. This woould be my first deal. Then I got a call on a house in the getto. They want me to buy this house for 79,900. they have fixed it up and owe nothing on it . What do you think I should do with that. I have deals all around me but I have no money and credit is held up by one judgement I don't have the money to pay for.

is there hope for me to make money on this. I live in atlanta, ga . IS there anyone who could help me with the deals and get me started. think

How are you going to buy it or rent it or even fix it without a loan from a bank? You have to get a loan for at least 30 thousand to put a dowpayment and fix it then sell it to make money. Forget the getto its a bad investment.