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Updated about 10 years ago,
Wholesale Subject to Opportunity
My partner and I are currently working on wholesaling a deal where our seller owes about $95k and it's ARV is about $130k and it needs about 11k to get it there. Based on the 70% or ARV less Repairs formula, we would like to wholesale it for all cash at about $80k. We are currently considering doing a shortsale with the help of a shortsale specialist in our market. But I think it might be better to wholesale it subject to the existing mortgage, what do you think Bigger Pockets? Also, how would you recommend marketing for the kind of buyer that would be interested in buying a property subject to like this?
Thank You
- Jordan Robinson
Jordan Robinson at eXp Realty