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Updated over 14 years ago, 04/20/2010

User Stats

14
Posts
4
Votes
Eddie Sanchez
  • Real Estate Investor
  • Woburn , MA
4
Votes |
14
Posts

Need help with a deal Im looking to wholesale!!

Eddie Sanchez
  • Real Estate Investor
  • Woburn , MA
Posted

I have a home owner that contacted me saying that he is getting a divorce with his wife and they are both on the mortgage. He is looking for 25,000 now to pay his wife and she is willing to get her name off the mortgage. He is willing to sell his house in 4 yrs and currently has over 100,000 in equity. He had his house on the market for 265,000 but has then taken it off and is keeping it for 4 yrs. Any idea how I can wholesale this property and will it be worth dealing with this?? Thank you in advance for your feedback.

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