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Account Closed
  • TX
11
Votes |
122
Posts

Wholesaling a deal that will require a short sale?

Account Closed
  • TX
Posted

Can I assign a contract to a buyer who will have to negotiate a short sale with the sellers bank? I guess another way to ask this, is that in general, if I am looking at a potential deal that I can get under contract for a "bargain price", but there is little to no equity in the deal, is it worth my time, unless I want to do the short sale myself? Maybe this is something I should ask my buyers first - if they will consider properties that have very little or no equity.

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