loans and wholesaling
Hi Bigger Pockets,
Im new to the world of real estate and Im currently working on my first deal. I have been researching wholesaling and I have a pretty good grasp of the concept. I don't understand how loans affect the process however. I mean loans that would be attached to some homes, not loans for funding on my end. How should I evaluate a "deal" in which the original owner has say a $20,000 loan? Should I steer clear of these deals or is there a way to just incorporate that into the wholesaling equation??