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Updated over 9 years ago,

Gabriel R.'s profile image
Gabriel R.'s profile image
Gabriel R.
  • Real Estate Investor
  • from Pomona, California
  • Member since Aug 4, 2014
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User Stats

9
Posts
2
Votes
Gabriel R.'s profile image
Gabriel R.'s profile image
Gabriel R.
  • Real Estate Investor
  • from Pomona, California
  • Member since Aug 4, 2014
Connect
Gabriel R.
  • Real Estate Investor
  • Pomona, CA
2
Votes |
9
Posts
Wholesaling

wholesaling with no equity?

Gabriel R.
  • Real Estate Investor
  • Pomona, CA
Posted

Hi everyone, i need some help. im looking to find wholesale deals but my question is: if i find a foreclosure property worth 200k ARV and the owner still owes 100k and wants to sell it for that much; it doesnt make sense to me because they wouldnt make any money right? they would just sell to pay off their mortgage correct?

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