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Updated over 6 years ago, 08/22/2018
Help! I may have my first deal!
So I have a lead in a home that’s worth 300 now, 500 ARV. She owes about 150k. The owner is about a month from foreclosure. Her bank has it up for a short sale right now. My thought is to pay her past due payments and give her 10k to move and take over the mortgage payments. Can I still do this once the bank has started fielding offers for the short sale?