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re: Selling stock to buy foreclosure

Posted on 1/4/24 at 9:03 pm to
Posted by Drizzt
Cimmeria
Member since Aug 2013
12971 posts
Posted on 1/4/24 at 9:03 pm to
I was already looking at buying old shop space for my wife’s business so this is a better alternative since it’s so close. It’s also the classic example of one of the worst homes in a great neighborhood so it’s a good investment. I’ve renovated before and could probably flip this into a $300k sale with little renovation if rates drop and the market returns to normal. The house next to it is $900k.
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