Wholesale/off market question

[Sean Kelly]

Hey guys. This is a first for me. Got hit up tonight about a distressed property owner with a foreclosure sale of 8/24. She is in the middle of a divorce and she and her husband are both on the deed and note. I dont know any details yet except she thinks she owes $122k and the home needs maybe $5-10k of work. I'm confident the market value of that property is $190k+ I'm a buy/hold investor w/ my RE license but have no desire to hold this. I have private funding in place to nab it, so planning making a cash offer then flipping and listing. I have not seen the property yet planning on it today I've not had these convos w/ a distressed seller before so... Help? What questions do I ask? How do you deal w a divorce situation and getting the estranged spouse to engage/sell? What are my options? How do I verify the true payoff of the loan and any outstanding taxes etc?