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Updated over 7 years ago on . Most recent reply

to wholesale or not to wholesale
Hello Bp fam!
ok so I'm going to dive into this. I have been researching real estate for the past few months and have yet to get my feet wet. I'm in the process of saving money to make a decent downpayment on a duplex or multi-family to house-hack. Any who I recently came across a house that was involved in a massive house fire and requires about 175k worth of repair. The ARV is estimated at over 400k. If I had the money I would've loved to keep for myself and the location literally could not be more perfect. So my question is should I try my hand to whole sale this house? i've yet to contact the homeowners and I'm pretty sure they would have insurance but if not would while selling this be a smart idea? I looked the house up online and the fire happened about 5 months ago.
Thank you all in advance!!!!