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Updated about 5 years ago on . Most recent reply

User Stats

9
Posts
3
Votes
Tameika Craig
  • Rental Property Investor
  • Toledo, OH
3
Votes |
9
Posts

Is it possible to wholesale an commerical property

Tameika Craig
  • Rental Property Investor
  • Toledo, OH
Posted

I have this guy who called me about an commerical property but it has an multi-unit attached to it. In the front of it there use to be an church on the back of it its apartments, it's in an bad neighborhood but the main rode leads to Toledo Ohio's Downtown. The ARV for this is 98-100k he wants me to buy it for 10k no contract just sale it to me, it needs thousands of dollars in repairs. I honestly dont want it because I'm trying to gain funds right now I'm a new investor and I haven't made a deal. Any advice please and is it possible to wholesale this?

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