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Updated almost 10 years ago,
Subject 2 wholesale deal
seattle home
Value approx 245
Existing Mortgage 208k
PITI 1500
Seller wants 60k down
No balloon time. Life of loan.
What kind of investor would be most interested in this?
Good deal as is or what would need to change?
Wholesaler wants 15k
Property could rent for about 1800 with some update and a 1/2 bath put in. Which would also increase the market value.