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Updated over 8 years ago,

User Stats

24
Posts
4
Votes
Stacy Davis
  • San Diego, California
4
Votes |
24
Posts

Wholesaling

Stacy Davis
  • San Diego, California
Posted

I am new and just need clarification on this scenario, I appreciate any and all feedback.

My question/ scenario is..... I find a motivated seller who accepts my below market value offer, yet they owe more than my offer on the loan. How do I close this or can I close it? I figure some of the properties that I run into ppl may be underwater on their mortgage. Does this affect the sale?

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