Buy for rental or wholesale
Hello everyone on bigger pocket. My sister has a home in Camden, Arkansas where she lived and relocated home to Wisconsin. Through listening to bigger pockets pod cast and reading. I've learned a lot about wholesaling and holding for rental property. Here is the deal, my sister bought the home in Camden, moved and rented out her home. She bought the house through finance at 41,000 or so, with a balloon payment. She would have to pay everything in 2019 April, which is 20,000, rounding off. There is some plumbing issues and cosmetics. She wants out and want this house out her name. In 2019 when the ballooning, lol,take place.
Do you think I should buy and make as a rental property or wholesale considering it's not in my home town with this being my first deal.
Thank You and appreciate any answer that you supply.
BTY: I don't have pic because I have to find the perfect one.