Real Estate Deal Analysis & Advice
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated almost 11 years ago on . Most recent reply

regarding a property in another state available to wholesale
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