How a wholesale deal works question.

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Hello, I've got a question on how a wholesale deal works and plays out. For an example say a house is worth 100k and there is a loan amount for 50k still on the property. Say I go to the owner and offer 20k. Maybe they are going to lose the property to tax default or something. If they take the 20k, I assume they still owe the difference of 30k to the mortgage? Basically how do you help a motivated seller out of a bad situation where they free of the debt? 

Many of us want to help, but this information is already here and easily found. Explore the education tab at the top menu. It can provide you all of the explanations you are looking for without requiring members to repeat answers to questions that have been asked many times over. 

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