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Updated almost 5 years ago on . Most recent reply

User Stats

55
Posts
6
Votes
Christian Barth
  • Real Estate Agent
  • Minneapolis, MN
6
Votes |
55
Posts

Minnesota foreclosure redemption

Christian Barth
  • Real Estate Agent
  • Minneapolis, MN
Posted

I have a seller who just past the 6 month redemption period last week and he is convinced that because of Covid and the restrictions on evictions he will still be able to sell. He wants to partner on the deal as I will be funding the rehab. Is this true or to risky? He is saying he has until December now. I am nervous to put money into it just for the bank to take it. Any info would be greatly appreciated. I would love to help him because there is a decent sized spread. Property is located in Minnesota.

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