How Could This Deal Work?
I have a distressed property in my area that i am interested in purchasing as a fixer upper. Here is the rundown:
List Price:$69K ( but could be bought way below LP)
Back Liens:$15k
Street Assesment: $2,500
Prop. Value:$85k
the property has been on the market since May '04. I have spoken to the realtor and they are looking at all offfers.
How could i make this deal work w/ no down payment or w/ as little money down as possible?
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