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Updated almost 6 years ago on . Most recent reply

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Trayon Simms
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Successfully Wholesale Milwaukee City owned property.

Trayon Simms
Posted

Hello,

Has anyone successfully wholesaled Milwaukee city owned properties within the last couple years.

Any advice would be greatly appreciated.

Thanks!

Most Popular Reply

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Dawn Anastasi
  • Rental Property Investor
  • Milwaukee, WI
4,343
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Dawn Anastasi
  • Rental Property Investor
  • Milwaukee, WI
Replied

With city owned properties, you need to indicate how you will use the property (owner-occupied, investment property, or to renovate for resale to owner-occupant). There is a clause in the offer "buyer may not assign any rights, or obligations under this Offer without the written consent of Seller."

Also keep in mind that city-owned properties come with deed restrictions.

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