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Updated almost 11 years ago,

User Stats

52
Posts
5
Votes
David T.
  • Wholesaler
  • Crosby, TX
5
Votes |
52
Posts

Is it possible to wholesale a deal that was owner financed??

David T.
  • Wholesaler
  • Crosby, TX
Posted

So I have a question. I haven't come across this type of problem until now so I'm hoping to get some guidance. I have a motivated seller that called wanting to sell their house. They said it was owner financed but when I pulled the records it is still in the previous sellers name who they are still making payments to. The deed was never transferred to their name. Is this deal still doable? I am assuming we have to bring the current deed owner/ or who they are making there current payments to on board. Or do we need to get the deed transferred to their name first?

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