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Updated almost 10 years ago,
A little help.
Hello,
Im still brand new and trying to educate myself as much as possible by studying, reading books and posts here. I am looking to start investing in the wholesale market. One question is about the equity. I understand what it is to having equity positive or negative. My question is how does it play out if your are wholesaling the home, it being double escrow or an assignment. If they do not 100% own the home then what happens to the money owed when selling the home? A little clarification would be great.