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Updated over 7 years ago on . Most recent reply

User Stats

14
Posts
3
Votes
Timothy Martin
  • Raleigh, NC
3
Votes |
14
Posts

property under contract

Timothy Martin
  • Raleigh, NC
Posted

Question,...if I have a property under contract for seller finance terms of a certain amount, is it possible to wholesale the property for an amount that's a lot less than the original term, and asking price.

Most Popular Reply

User Stats

50
Posts
4
Votes
Adina McCollough
  • Real Estate Investor
  • Gary, IN
4
Votes |
50
Posts
Adina McCollough
  • Real Estate Investor
  • Gary, IN
Replied

You can charge an option fee of let's say $5k for you and sell the house to someone else that can essentially take if the payments. Someone else may have a better answer but good luck!

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