Wholesaling
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 16 years ago,
Has anyone tried doing this?
I know this is probably not the best idea and not wholesaling, but has anyone found a motivated seller, who's property didn't have enough equity to sell to an investor, but was a good one to try and help sell?
I have someone who is looking to relocate, and they don't have 30% equity, but do have some. Can I get their house sold for them, not charge them anything, and make money on it?
In other words: Can I put the home under contract for say 100K, market the house/ find a buyer who will pay say 107K, and be done and everyone be happy? Seller gets out of home and doesn't have to pay any fees, buyer gets the house, and I get paid.
Thanks