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Updated about 8 years ago on . Most recent reply

Dionte Anderson's profile image
Dionte Anderson's profile image
Dionte Anderson
  • Wholesaler
  • from Huntsville, AL
  • Member since Dec 4, 2016
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26
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5
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Dionte Anderson's profile image
Dionte Anderson's profile image
Dionte Anderson
  • Wholesaler
  • from Huntsville, AL
  • Member since Dec 4, 2016
Connect
Dionte Anderson
  • Wholesaler
  • Huntsville, AL
5
Votes |
26
Posts
Buying & Selling Real Estate

Wholesale Seller Finance deal for landlords

Dionte Anderson
  • Wholesaler
  • Huntsville, AL
Posted

I have a absentee motivated seller who has been paying $615 mortgage on property in Huntsville Alabama that is vacant and needs a lot of work. This home can rent for $700 per month. Property is underwater but seller is willing to continue to pay $300 monthly and finance the rest to create a spread for a potential investor. Do you think this is a deal I would be able to wholesale for about $1500?

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