Advice Needed on Vacant Land deal in Georgia
I have been analyzing several deals lately, speaking with local zoning and planning department and I need advice on this deal:
Lot size: 2.7 acres
Land type: Residential (R3)
Lot is Buildable for only 1 home (because of its size) which is what I was told by zoning
Behind in taxes: $800
years behind: 3.5
Title: no other liens on title with the exception of back taxes
Owner Motivation. Will quick claim me the property for $100
Property value: Property is in a residential area. Average lot size is with houses on it is .30 acres. Average home size is 1800sqft. Selling price of homes. 140k
Lots in the area look to go for about 20k to 30k for .30size lots
My question is with a quick claim deed would I get the property and wholesale it or do seller financing?