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Updated almost 2 years ago,

Robert Burns's profile image
Robert Burns's profile image
Robert Burns
  • Wholesaler
  • from Baton Rouge, Louisiana
  • Member since Jul 21, 2008
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User Stats

471
Posts
95
Votes
Robert Burns's profile image
Robert Burns's profile image
Robert Burns
  • Wholesaler
  • from Baton Rouge, Louisiana
  • Member since Jul 21, 2008
Connect
Robert Burns
  • Wholesaler
  • Baton Rouge, LA
95
Votes |
471
Posts
Wholesaling

Calculating an offer on a Preforeclosure

Robert Burns
  • Wholesaler
  • Baton Rouge, LA
Posted

I've started to dig into wholesaling preforeclosures and I guess I'm missing something in calculation an offer.  Wouldn't the offer be at least what is owed to the lending institution?  It could only be less if the seller brings some money to the closing!

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