Pre-Forclosure Property Deals

[Nathaniel Broussard]

Hey BP Family I have recently place my first property under contract ; it’s an pre- foreclosure home .Im fairly new to this industry I’m asking what’s a good way of wholesaling PF property to buyers as is .

3K will bring the property back current

75k still owe

88k ARV

I would really appreciate some advice thanks in advance BP

[Andy Mirza]

@Nathaniel Broussard I don't understand how this is a deal. There doesn't seem to be enough margin to make sense. Are you trying to wholesale this as a rental, subject to the existing mortgage?