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Rehabbing & House Flipping

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11
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Glenn Jubildo
  • Visalia and merced
2
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11
Posts

Out of state investor...

Glenn Jubildo
  • Visalia and merced
Posted Oct 14 2018, 15:57

Go or no go. I live in California, the investment property I am looking to buy is in indiana. Currently, the distressed property is listed for $25k. I have one bid for $40k to do a complete gut job. Arv is $75k per the contractor in the area. I want to partner up with someone in the area but no luck so far. I am not a seasoned investor but I have the capital to proceed with this purchase. I am hesitant to move forward since I don't have a team in indiana I count rely on at this time. I will have 2 more bids soon. I would like to know what you all think.

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