Updated almost 16 years ago on . Most recent reply
Need some help please
Hello, I'm working out of our capital city here St. Paul which has the most investors. I'm looking to wholesale these by double closing. The problem is with St. Paul they have a thing called "code compliance" and most of the properties that are in the price range for the investor is "category 2" which means that the buyer needs get a contractor's bid and show proof of funds that they are able to fix everything on the code compliance. Then it needs to be approved by the city. Has anyone dealt with this? Showing proof of funds for the fix up are a problem right now. Any advice would be appreciated.