Updated about 11 years ago on . Most recent reply
Trustee Sale
Dear BP's,
How can I do this deal?
This house has a Trustee Sale on October 17th.
The owner owes about $300,000 to the banks.
She needs to pay $25,000.
It's a rental property with $1,500 rent.
The ARV with a $90K Rehab is $350k.
Is it possible to make this deal a profitable one?
Regards,