Updated about 6 years ago on . Most recent reply
Garfield Park Vacant Lot Strategies
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.