Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Wholesaling
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 5 years ago,

User Stats

24
Posts
0
Votes
Gregory Breeden
  • Investor
  • Greensboro NC
0
Votes |
24
Posts

Wholesale Foreclosure (Subject too)

Gregory Breeden
  • Investor
  • Greensboro NC
Posted

I have a deal the home FMV is 138k and the ARV is 220k. The payoff amount of the loan is 119k but to reinstate the loan is 13k with attorney fees, insurance etc. How I traditional do wholesale deals I would factor in the payoff of the home if the loan is less than the home using the wholesale 70% rule. Can I subject too this deal to a end buyer? They would be buying the home for 13k plus my assignment fee and they would make the monthly payments of $700 a month until they are done doing a fix and flip?

Loading replies...