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Updated about 10 years ago,

Abdur Rehman Ghani's profile image
Abdur Rehman Ghani's profile image
Abdur Rehman Ghani
  • from Carteret, New Jersey
  • Member since Sep 28, 2014
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6
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1
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Abdur Rehman Ghani's profile image
Abdur Rehman Ghani's profile image
Abdur Rehman Ghani
  • from Carteret, New Jersey
  • Member since Sep 28, 2014
Connect
Abdur Rehman Ghani
  • Carteret, NJ
1
Votes |
6
Posts
Wholesaling

Legality of Wholesaling

Abdur Rehman Ghani
  • Carteret, NJ
Posted

Hi,

I got contacted by an owner who wants to sell his property for $150,000 which is the mortgage he owns on the property. But the market price of the property is $165,000. If i get the property under contract for $150,000 and wholesale it for $165,000, is there anything illegal about it?

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