Skip to content

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Tax Liens & Mortgage Notes
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

User Stats

8
Posts
1
Votes
Ishmael Tillery
  • Atlanta, GA
1
Votes |
8
Posts

Property Taxes & wholesaling

Ishmael Tillery
  • Atlanta, GA
Posted

Hi BP community,

I recently started running for dollars (using my morning jog to check out properties of my liking). It feels great knowing I'm working towards my financial goals and health goal. 

I want to wholesale distressed properties, and I have a few leads, but previous owners have allowed the taxes to accumulate . One example is a property with an ARV of 120k with a full renovation cost of 30k, but there is over 11k in taxes.

What would the purchase price be. How would you go about it?

Thanks,

Loading replies...