Updated almost 10 years ago on . Most recent reply
1st Wholesale Deal in the Making?????
I know an older couple in a 55+ gated community. They are under water on their home and are currently make payments of $1900/mo to keep the mortgage on their home. They informed me that they will be doing a short sale in the near future.
The home is worth $270k and they owe just about the same.
Any advice on how can I capitalize as a new wholesaler? Or should I wait to make an offer during the short sale period?
Most Popular Reply
@Christopher Vargas there is no way you can wholesale that property, there is no equity in it.