Updated over 3 years ago on .
Fix and Flip (bad area) or Sect 8?
I have purchased an investment property and was wondering if anyone has ever bought something that you have 2nd thoughts on why you did? Unfortunately it is not in a very good area at all (really bad). Houses do not appraise very well at all due to lack of growth and low income. Was purchased at auction and due dilligence was very limited. As I type this it further resonates with me what I did..ugh. I think Sect 8 could be a possibility but also at what point to you just cut your loss and try to sell knowing you gonna take a hit? Any help/though are appreciated.