Updated over 6 years ago on . Most recent reply
Ideas for Deal structure for back taxed property
This would be for a 2 unit deal both half commercial half residential. One property is run down and seller says it's better to tear it down however the other one would need about 60k in reno costs. Seller mentioned they have 20k in back taxes. I'm thinking the best way to get properties is offering to pay the taxes off. Any thoughts? Have you gone through a similar deal?