I work with a lending company that helps investors structure financing for deals like yours, so I’d be happy to share ideas and options.

@Lisa M.Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location/neighborhoods to invest in.Why is Property Class so important for investors to understand and apply in their investing strategies?

Alaska would not be my main choice instead I would look to states like Indiana, Ohio, Florida, where real estate is booming and you can either flip it fast for a good return or short term rental 10x income.One of my investors purchased a property in Indiana 6 months ago for $110K did some renovations around ($30K) and just sold it for $315K. 

It's backed by a tangible asset (the property the investor is buying), so you get the house if something goes wrong (often worth more than your investment), and you don't have to do anything at all.

I am a rookie investor just getting my feet wet. 

It’s quite obvious to the experienced real estate investors on BP that almost all “newbies” posting questions about “how” to wholesale are totally lacking in the experience, knowledge and capital to even have a shot at being successful; in other words as harsh as it sounds they are “clueless”.  

If the investor is willing to pay $200,000 and you lock it up for $195,000 you would get $5,000. 

(David Greene has a number of books on wealth building/10 different ways to make money in real estate etc..)Understand your numbers - and as an investor set up a seperate bank account for your business from the start.

That’s about 1 in every 758 homes.July alone saw a 13% increase compared to last year, the highest monthly jump so far in 2025.What makes this more interesting—or worrisome—is the uneven geography:Alaska (↑55%), Rhode Island (↑51%), Utah and Wyoming (both ↑46%), and Colorado (↑41%) are seeing the sharpest increases.Per housing units, states like Nevada, Florida, Maryland, South Carolina, and Illinois are riding the foreclosure wave fastest.Contrast that with the macro picture:Inventory levels are swelling—active home listings are up almost 25% year-over-year—providing more opportunities for buyers.Mortgage rates dropped slightly, with 30-year fixed rates nudging down to 6.58%—the lowest point of 2025, but still elevated.And in a twist, the Federal Reserve is stuck between supporting housing and fending off inflation fueled by booming AI investments.So here’s my investor brain asking some real questions:Are these rises signaling local economic strain—not a national crisis—creating focused opportunities?

National indicators are sending mixed signals—rising foreclosures, falling mortgage rates, uneven inventory recovery—while local markets are revealing very different stories on the ground.One of those local markets is the Coachella Valley (Palm Springs area), where I’m personally active as an investor and licensed agent.