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Updated over 9 years ago on . Most recent reply

Katharine Gonzalez's profile image
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Katharine Gonzalez
  • Investor
  • from Goshen, NY
  • Member since Sep 19, 2015
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Katharine Gonzalez's profile image
Katharine Gonzalez's profile image
Katharine Gonzalez
  • Investor
  • from Goshen, NY
  • Member since Sep 19, 2015
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Katharine Gonzalez
  • Investor
  • Goshen, NY
12
Votes |
56
Posts
Wholesaling

Confused about how to help sellers

Katharine Gonzalez
  • Investor
  • Goshen, NY
Posted

Hi. So I'm a newbie and have a question...if there is a motivated seller whose house is upside down and perhaps have stopped making mortgage payments what happens to the mortgage? How do I help the seller by offering them my max allowable offer,which is likely to be less than their existing mortgage? Am I missing something?  Thanks in advance!

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Joe Bertolino
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  • from El Dorado Hills, CA
  • Member since Apr 20, 2012
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Joe Bertolino's profile image
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Joe Bertolino
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  • from El Dorado Hills, CA
  • Member since Apr 20, 2012
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Joe Bertolino
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  • El Dorado Hills, CA
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Joe Bertolino
  • Investor
  • El Dorado Hills, CA
Replied

You can't help people that don't have equity.

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