What’s owed on it will not make it a good wholesale deal.

Hi BP,I've been looking doing the BRRRR strategy on my first property in Kansas City, MO with a wholesaler and I am fairly interested in moving forward with it. 

My focus as a real estate investor is on wholesales and flips with room for growth.

Properties seem to be listed too high (wholesalers) and the costs to renovate plus keeping up with it after each turnover would probably be expensive as well.

I am new to the wholesale scene and I'm trying to learn as much as I possibly can.

I am new to the wholesale scene and I'm trying to learn as much as I possibly can.

I am new to the wholesale scene and I'm trying to learn as much as I possibly can.

Worse case, if plan for the upside portion aren't approved, I would still see $400k once all is said and done.The only thing I am a little concerned about is the over-all political and economical climate of things in New Jersey... although this particular municipality has weathered the financial turmoil of the past exceptionally well due to proximity to NYC, etc.Is anyone on this site still playing in the New Jersey speculative market? 

I live in South Jersey but I’m wondering if any of you have ideas as to up and rising booming markets?

Is it bad idea to take out any kind of loan to start bidding or just to have money for closing deals for wholesaling or real estate strategies ?!?!?