I have a house under contract for $115k. There is an existing mortgage on the property for $80k. I listed the property for $119k and I got an email from a buyer asking if we can carry if they put $40k down. Obviously at this point I don't know if the buyer is for real but I think I'll just play it like they are.
Previously, the seller said he needed his money out of the deal, which is $30k I believe. My question is, if the buyer is for real and has $40K how can I put this together? I'm sure you guys will need more info so just ask, I gotta take off right now.
Jeff






