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Updated over 8 years ago,
Creative wholesale: Can it be done with this Foreclosure?
Please help me with your creative skills guys!
I tried this foreclosure deal with the usual 65% minus repairs (5% wholesale)
But the numbers don't work. What else can be done with this?
Seller is in foreclosure. 1 month before the sale
ARV is $120K
Owes $50k
Past due $5k
Repairs $30K
No other judgements or liens
= -$7000
What else could be done to wholesale this deal??
Thank you in advance for all the feedback!