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Updated almost 11 years ago on . Most recent reply

User Stats

6
Posts
1
Votes
JoAnn Gagnon
  • Real Estate Agent
  • Mesa, AZ
1
Votes |
6
Posts

regarding a property in another state available to wholesale

JoAnn Gagnon
  • Real Estate Agent
  • Mesa, AZ
Posted

Hello,

I am fairly new to investing and an offer has been placed in my lap so to speak. A friend of mine lives in Arizona and has a house in Moorehead Minnesota he desperately needs to sell. It is an "AS IS" condition and is vacant at the moment. He owes $50k on it and believes it will be worth $100k ARV. My question is should I wholesale it to an investor in Minnesota? If so, what direction should I take? Any information would be helpful.

Thank you for your time,

JoAnn Gagnon

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