Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. 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,

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...