Wholesaling
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 6 years ago,
How to wholesale Little Equity Deal?
How's it going everyone
I came across a super motivated seller who gave me a call, they have a house with little equity, so I know cash offer wouldn't make sense.
Instead I wanted to do a wrap mortgage since it's in a great neighborhood, house great condition, and it will rent well above the month payments, seller doesn't need much at closing..the problem was, it's and FHA loan, from what I know you can't wrap those.
What is another way I can structure this to come up with a solution?
Thank you very much for the help.