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Updated about 6 years ago,

Devonte Perdue's profile image
Devonte Perdue's profile image
Devonte Perdue
  • Member since Nov 1, 2017
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Devonte Perdue's profile image
Devonte Perdue's profile image
Devonte Perdue
  • Member since Nov 1, 2017
Connect
Devonte Perdue
1
Votes |
6
Posts
Wholesaling

Wholesaling a property to a buyer with no cash

Devonte Perdue
Posted

I'm currently looking into purchasing my first rental property. Not really sure how to ask this question but, Is it possible I could buy a property from a Wholesaler with a bank loan? 

Ex: wholesaler presents a property to me for $50k. Since I dont have cash, I want to go to ABC bank to take a mortgage loan out for $50k. 

Is this possible?

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