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Wholesaling
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Updated over 17 years ago on . Most recent reply

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Tracye Bynum
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Re: newbie question on a wholesale deal?

Tracye Bynum
Posted

I have a old friend of mine that wants to sell her property. It's already in foreclosure. She's 4 months behind in payments. About 48,000 owed on mortgage. I ran comps in the area, 60,000 is the highest she can sell the prop. for. How would I structure this deal and still make a profit? I don't want her to deed the prop. to me, I'm just trying to help her sell it without a realtor? Any advice on how to structure would be greatly appreciated!!!!!

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