Updated over 10 years ago on . Most recent reply
STUCK WHAT SHOULD I DO?
Hi Everyone,
i have a bit of a situation and don't really know what i should do. I am currently in discussion with 2 homeowners who have similar issues regarding the homes they want to sell. Both homeowners have a mortgage on the property and need out quick, one property already has 2 tenants living their and collects 2,200 every month and the mortgage is only 1200. However the owner pays the utilities and is facing a divorce so whatever is left over goes directly to the wife. The other home owner is a woman that needs to leave her home because she wants to move down south to take care of a sick family member. I do not want to landlord any of these properties because seeing as i am still starting out if something goes wrong in the house i will not have the money to fix it. So i want to put them under contract and sell the contract but don't really know how i would go about wholesaling these deals can anyone help?