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Updated almost 9 years ago, 02/04/2016

User Stats

23
Posts
3
Votes
Michael Corbin
  • Real Estate Agent
  • Bronx, NY
3
Votes |
23
Posts

wholsaling property in Maryland

Michael Corbin
  • Real Estate Agent
  • Bronx, NY
Posted

Hi,

I'm a new real estate agent licensed in NY. A friend called me about a house she has in Maryland and wants to get ride of. Its been vacant for 12 years  in that condition. There are taxes due of $700 and a water bill due of about $250.  I would like to wholesale it to an investor since I don't live in Maryland. I was thinking of putting it under contract with an assignable clause, (where I can also pull out for any reason if need be), I don't know anyone in Maryland, but would really like to deal. Your thoughts as to what are the steps I should take in sequential order. Thanks  

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