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Updated over 8 years ago,

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3
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Jared Sorrentino
  • Orangevale, CA
0
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3
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Wholesale a burned property

Jared Sorrentino
  • Orangevale, CA
Posted

Hello all I am a new wholesaler working on a deal right now and i was hoping to get some advice on the risks involved in this deal. The seller is asking for 60k for the house as-is but it has come to my knowledge that the people that she was renting the property out to burned the place because they were evicted. According to the seller the property needs to be "demolished". Is there any money to be made here on this deal or should my partner and I move on? Do you think a cash buyer would be interested in a job that is more than just rehabbing? I know that the seller wont get the price she is asking for and my partner is heading  out to the property tomorrow. Any info or advice would be amazing! Thanks guys!

Jared

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