wholesaling homes

[Emanuel Hudson]

hello bigger pockets family i wanted to know how would i go about wholesaling abandon homes with with mortgages and tax lien still attach to the props????

['Ty Taylor]

Mortgages and Tax Liens won't matter if they are below the amount of the price that works for you and seller.

Example:

Seller Contract Price: $40,000

Mortgage Payoff: $17,000

Tax Lien: $8,000

Total: $25,000

Which means the seller will receive $15,000 at closing instead of $40,000