Updated over 8 years ago on . Most recent reply
Advice on negotiating a foreclosure
Looking at a single family property that is Listed at 105k. The home needs to be fully remodeled. I would say roughly 30k. I see potential to turn into into a multifamily. Ideal for me would to be able to get this property in the 70k area. I think the property has only been on the market a month. Any words of thought on how the bank negotiate with buyers of forclosure? What are some loan options? USDA,203k how do they work?