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Updated 4 months ago on . Most recent reply

User Stats

25
Posts
13
Votes
Kris Kempe
13
Votes |
25
Posts

Any creative solutions

Kris Kempe
Posted

Hey BP fam, 

I have a property that desperately needs a way out,

The property has been on the market for a little bit, sellers just recently bought the property so they don’t have much equity. 
immediately I thought, subject too until I saw they had a 7.5% interest rate. They have $30,000 worth of arrears, and because they would be coming out of pocket if a buyer were to negotiate with them on price, price is pretty much non negotiable. Is there any work around to this where everyone wins? I’ve heard investors that bought the entire tax deed, although I’m not to sure how that would work. Thanks 


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