Need Some Help
I'm looking at a pre-foreclosed property in Minneapolis. The ammount owed is $38,000 and the arrears are about $9,000. The owner is willing to walk away with just $2,000. The property's probably worth around $160,000. It is a pretty house in a pretty neighborhood.
Is this something I should go after?
I'm a new investor and cash flow's a problem for me right now.
thanks! 
Steven
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