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Updated almost 9 years ago,

Joe Kooner's profile image
Joe Kooner's profile image
Joe Kooner
  • Realtor
  • from Bellevue, WA
  • Member since Sep 11, 2013
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User Stats

66
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10
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Joe Kooner's profile image
Joe Kooner's profile image
Joe Kooner
  • Realtor
  • from Bellevue, WA
  • Member since Sep 11, 2013
Connect
Joe Kooner
  • Realtor
  • Bellevue, WA
10
Votes |
66
Posts
Wholesaling

How to structure this deal?

Joe Kooner
  • Realtor
  • Bellevue, WA
Posted
Seller lost his job, moving out of state and must sell. He's already behind on payments for two months. He wants 129K for the house but he OWES 125K. He's offering owner financing. How do I structure this deal for a wholesale opportunity? I've read about this and I know it's mentioned in podcasts but can anyone explain what you would do? Comps are around the $180K mark after some rehab.
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