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Updated over 10 years ago,
DEAL OR NO DEAL!!!
What are all the options to doing this deal?
A seller is selling his house for $170k. It's a 2 story home, 3 bed 2.5 bath, 2-car garage, 2,274 sq. ft, built in 1995
Here are the variables:
2 liens - Owe $103K:
1st Mortgage - 28K - $1,100
2nd Mortgage - 75K - $330
Total monthly payment: 1,430
Repair estimate: $10k
ARV - $180k