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Updated almost 8 years ago on . Most recent reply

Jesse Nelson's profile image
Jesse Nelson's profile image
Jesse Nelson
  • Real Estate Agent
  • from Graham, WA
  • Member since Apr 19, 2017
  • Posts 6
  • Votes 0
  • Experience 6 Yrs
  • Investments 2
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User Stats

6
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0
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Jesse Nelson's profile image
Jesse Nelson's profile image
Jesse Nelson
  • Real Estate Agent
  • from Graham, WA
  • Member since Apr 19, 2017
  • Posts 6
  • Votes 0
  • Experience 6 Yrs
  • Investments 2
Connect
Jesse Nelson
  • Real Estate Agent
  • Graham, WA
0
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6
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Wholesaling

Wholesaling lease option

Jesse Nelson
  • Real Estate Agent
  • Graham, WA
Posted
I have a situation where the bank gave this woman 30 days for me to wholesale the home and find a cash buyer. The numbers don't look great as far as a flipper making a profit. We have a woman interested in doing a lease option to buy. She would then give us an assignment fee. My question is, would the bank allow someone to lease the home with the option to buy, or would they still foreclose? Thanks, Jesse
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