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Updated almost 11 years ago on . Most recent reply

Fednel Vilcant's profile image
Fednel Vilcant's profile image
Fednel Vilcant
  • from Edison, New Jersey
  • Member since Mar 14, 2014
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Fednel Vilcant's profile image
Fednel Vilcant's profile image
Fednel Vilcant
  • from Edison, New Jersey
  • Member since Mar 14, 2014
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Fednel Vilcant
  • Edison, NJ
1
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27
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Wholesaling

wholesaling

Fednel Vilcant
  • Edison, NJ
Posted

how do you go about wholesaling a property that has a lien?

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Nii Okai's profile image
Nii Okai's profile image
Nii Okai
  • Real Estate Agent
  • from Clinton, MD
  • Member since Feb 10, 2009
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Nii Okai's profile image
Nii Okai's profile image
Nii Okai
  • Real Estate Agent
  • from Clinton, MD
  • Member since Feb 10, 2009
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Nii Okai
  • Real Estate Agent
  • Clinton, MD
18
Votes |
54
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Nii Okai
  • Real Estate Agent
  • Clinton, MD
Replied

Oh my! I am not sure you need help. If you do, then you must be upcoming and tell us all about the situation. Giving information in pieces will not help. You need to tell us :

1. What is the FMV of the property, 2. How much is owed on the property, (mortgage, tax and all other liens) 3. How much work is needed on the property, if any, 4. recent comps in the area within 1 mile radius.

With the above information, one would be able to guide you.

Bye

Nii

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