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Updated almost 6 years ago,
“Short Sale” Real Estate property
Good day
I’m looking to buy my parents house
There’s two issues:
A.its a “Short Sale”
B.My dad owes $400,000 on the mortgage
Note:the bank has agreed to lower the debt owed to $100,000
The selling price is $280,000
$380,000 estimated total
I want to learn how to buy this property using “Other People’s Money “ how do I do it?? Somebody show me the way