If it is an assignment fee with a loan (especially traditional financing) that will be pretty difficult.

I'm not sure I agree that its traditional sales work but I'm curious.So if anyone else has some concrete examples, let's hear it.'

I would wait until you inherit the 50% from the father and sell it to avoid the the large gain as your father basis must be low compared to fair market value.

But those monthly payments are crazy high as compared to the balance because of the shortish amoritization period.They are typically a variable interest rate. 

Traditional mortgage through a bank.

I want to purchase more but our credit sucks so traditional mortgages are out.

I always remind folks that comparing the IRA to your taxable self is not generally applicable. 

Did you call around for local contractors and have them come see the property and compare multiple estimates?

Compared to the newer developments, our community is bit outdated (built in the 1960s).

It's going to be at least twice that...maybe three times that.2 - How do you know it would appraise for $130k3 - You won't get financing (traditional) for this because the loan would be way too low.