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Updated almost 6 years ago,

User Stats

26
Posts
6
Votes
Moises Rafael
  • Rental Property Investor
  • Temple, TX
6
Votes |
26
Posts

How to wholesale Little Equity Deal?

Moises Rafael
  • Rental Property Investor
  • Temple, TX
Posted

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.

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