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Updated almost 7 years ago,

User Stats

1,748
Posts
338
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Ayodeji Kuponiyi
  • Investor
  • King of Prussia, PA
338
Votes |
1,748
Posts

Funds Needed to Bring Mortgage Current (Pre-Foreclosure)

Ayodeji Kuponiyi
  • Investor
  • King of Prussia, PA
Posted

I have a owner who is in preforeclosure and has told me she is willing to sell for what she owes. She owes about $10K in back payments owes about $73K and property is worth $90K+ if fixed up. How do I go about getting the funds to bring the mortgage current so I can continue making payments to the bank via lease option to tenant-buyer?