Updated about 8 years ago on . Most recent reply
Buying a $4k property in Philadelphia with Back Taxes
I'm going to look at a potential pick-up today. The details are $4k purchase price. However, I have done research and there are taxes due of $16,000.
The area is rough but there is a commercial property downstairs and a residential unit upstairs.
But regardless of everything I just mentioned I can make all my money back (after rehab) within 3 years.
Any advice, thoughts, precautions!?