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Foreclosures

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Mahan Shahverdi
  • Flipper/Rehabber
  • Virginia Beach, VA
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46
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Short Sale or Subject to

Mahan Shahverdi
  • Flipper/Rehabber
  • Virginia Beach, VA
Posted Dec 7 2017, 12:27

Hey, 

I have couple sellers that own properties that owe on the more than the property is worth and I really want to use a creative financing way to buy them as a rental or do a lease option on them. It would my 1st time dealing with this situation so I would appreciate it if you share with me how can I structure a deal out of them. 

property value: 45k they owe: 60k monthly payments: $974 a month and currently renting: $900 section 8

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