the asking price is $220.000 Front door has lock with chain, im assuming it needs work, its a 3decker house could rent each apartment for $900.00 to !200 per month, can i do this with no money out of pocket, give me advise someone who has experience dealing with bank owned propertys please…
The lender is not going to give you 100% financing. That’s why that property is an REO in the first place. So you’ll need to have the cash on hand to buy it, or have access to the cash.