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Updated almost 11 years ago,
Hi Team, we have a $129K property ARV $161K
Hi guys could someone please help me on this potential deal. I have a house in Houston, seller is quite motivated for personal reasons. She owes $129K ARV is $161 (appraised). It has been on MLS for 90 days and was going to be a short sale but financing fell through. I will do more research on rents in the area. I am a newbie wholesaler and don't know much at all about subject to's and wraps which I assume this deal would have to be. any insight would be appreciated.