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Updated over 5 years ago on . Most recent reply

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11
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1
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Dana Dotson
  • Charlotte, NC
1
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11
Posts

Garfield Park Vacant Lot Strategies

Dana Dotson
  • Charlotte, NC
Posted

Hello Group.  Just starting to get back into BP.  I got stuck holding a vacant lot back 10 years ago in Garfield Park area of Chicago.  There were a ton of city owned lots that were going for cheap so selling was impossible.  Does anyone have any strategies for getting rid or making a deal for a vacant lot to at least get the $49K mortgage.  It is just sitting and obviously taxes, upkeep and monthly interest payments without any revenue is draining. 

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