Updated over 8 years ago on . Most recent reply
Wholesale Seller Finance deal for landlords
I have a absentee motivated seller who has been paying $615 mortgage on property in Huntsville Alabama that is vacant and needs a lot of work. This home can rent for $700 per month. Property is underwater but seller is willing to continue to pay $300 monthly and finance the rest to create a spread for a potential investor. Do you think this is a deal I would be able to wholesale for about $1500?