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Updated over 6 years ago,

Douglas Rice's profile image
Douglas Rice's profile image
Douglas Rice
  • Rental Property Investor
  • from Frisco, TX
  • Member since Oct 3, 2017
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User Stats

40
Posts
17
Votes
Douglas Rice's profile image
Douglas Rice's profile image
Douglas Rice
  • Rental Property Investor
  • from Frisco, TX
  • Member since Oct 3, 2017
Connect
Douglas Rice
  • Rental Property Investor
  • Frisco, TX
17
Votes |
40
Posts
Foreclosures

Subject to deal advice

Douglas Rice
  • Rental Property Investor
  • Frisco, TX
Posted
I foind a subject to deal I was not even looking for and I have never done one before. Please advise. 13k cash needed to pay past due 37k loan balance. 110k ARV Monthly payment 409 RENTs FOR $1000 owner just needs $1000 to move out first, is this a good deal? second, how do i proceed? Do I just hire a real estate attorney to complete this transaction? Someone who specializes in this type of deal?
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