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Analyze this deal - Washington State - Pacific County
House is located at 6505 V Pl. Long Beach WA
Bank foreclosure, opening bid 163k, can only view from the street, currently occupied, 6 acres, ~2000 sq ft house, two large two bay shops, and has a large pond with a dock in the back yard.
No other tax, liens, or judgments other than it may have 4-6 months of water bills that will need to be paid by the new owner.
Assume you're me... I own property down the street and want to continue investing in this area. I have cash to purchase and would like to either add to my rental portfolio, sell owner financed, or flip/wholetale. Would this deal interest you? What max price point would you consider? What exit strategies would you drop/consider at various price points?