Arizona Property for Wholesale maybe?
I learned that a relative has an out of state property that she may sell as it is her vacation home that is becoming unfeasible for her to keep (due to cost of taxes, upkeep etc.). I would like to help her by wholesaling it, but she is a bit reluctant and is also thinking of renting it.
My question is: How should I approach this for a potential wholesale or should I at all?
I have located a title company that closes wholesale deals in the area, but how would I inspect the property as it is very far away?
Other details on the property are as follows:
-Location: Prescott, AZ, single family, 4bed/2bath, just over 2000 sq ft, built in 1983.
- Comps have sold between 320,000-350,000
- Repairs not yet known
Thoughts, suggestions???
Overall, I'm wondering what steps to take on this potential deal if any, especially considering it's out of state? I get the sense my relative is pretty eager to do something as she is stressed with the expenses, but she is just not sure what would be best....