Help with First Wholesale Deal!!!

[OREESHA MCCREARY]

Hey All!

Let me say thank you for your help in advance!

I have a property under contract. The owner has a mortgage of about $8500 left on the property and that’s all that she wants is the mortgage to be paid.

I have a buyer who is interested in the property and would like to take over the mortgage and give an additional $1500 ( which would be my fee). The buyers stated that he will eventually refinance the property.

Here’s my question. How do I go about doing this? How can this buyer take over the mortgage and how do I get my fee from this? What steps need to be taken, etc?

Thanks!