Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Off Topic
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 8 years ago on . Most recent reply

User Stats

124
Posts
25
Votes
Alex R.
  • Investor
  • Miami, FL
25
Votes |
124
Posts

Friend going through divorce, How to Convince wife to sell

Alex R.
  • Investor
  • Miami, FL
Posted

Hello BP,

Here is the situation :

My Friend is going through a divorce. He and his wife owe 40K on the property. The property ARV is around 200K. she lives in the property and he has moved out a while ago. She has not paid the association or the mortgage in a few months. The Bank is threatening to foreclose. He would like to sell the property to me under market value since it needs lots of repairs.

My question is:

How to convince wife to sell property to me under market value. Husband is on board now wife needs convincing.

Any ideas? 

Loading replies...