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Updated over 6 years ago on . Most recent reply

Prisca Osuji's profile image
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Prisca Osuji
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Buying & Selling Real Estate

Can you wholesale a property with a mortgage on it?

Prisca Osuji
Posted

Hi everyone, 

Im new to the real estate and am I'm trying to land my first deal as a wholesaler. Fear of missteps is really impeding progress. In particular I was wondering how one would get the numbers to work if there is a mortgage/lien against the home??? Any advice/insight is much appreciated!

-Prisca

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John Slater
  • Real Estate Coach
  • from Riverside County, CA
  • Member since Jun 8, 2017
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John Slater
  • Real Estate Coach
  • from Riverside County, CA
  • Member since Jun 8, 2017
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John Slater
  • Real Estate Coach
  • Riverside County, CA
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John Slater
  • Real Estate Coach
  • Riverside County, CA
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yes, no different than if it was owned outright, assuming the loan can be paid off in full from the transaction.

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