What is the key to wholesaling a foreclosure

[Najee Hoggard]

What is the process in trying to obtain a forclosure for wholesaling can the can the person being foreclosed on sell before foreclose, if so can they do it at a different price than posted before they get foreclosed on ?

[Shaun J.]

Maybe offer a sub2 if they keep the loan in their name and you make good on the back-end owed payment. 

Short sales can get sideways, and a lot of investors shy from it, but if a good deal can be made, shoot for it. 

Remember, banks don't want to hold RE. They want to mitigate their losses based on a calculation of holding it "Over-time" Taxes, etc.