I have a seller with a 3bed/1bath sale priced at $39,995.
It needs drywall repair, paint an flooring...about 10K in repair cost.
I did some homework on the property and its value is about 70K.
The thing I am confused about if the fact that the Tax Assessment is 103K. Does this mean I cant bird dog the property because it owes more in taxes than its being bought and sold for?
Looking for any advice because Im eager to start the process, I just feel stuck.