Real Estate Deal Analysis & Advice
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 1 year ago,
Trying to figure out how to structure my first wholesale deal.
I have a seller with a home worth 300 and a mortgage balance of 255. Her monthly mortgage payments are 1100 with a 3% interest rate. The home can be rented for 2400/mo. I want to buy out her 45k in equity and take over her mortgage subto and wholesale the deal to an investor who wants minumum $300/mo in cash flow. If the real estate investor got a loan for the 45k how much would the monthly payments be on top of the 1100 per month mortgage and what do you guys think I could wholesale this for?