Can you wholesale a property with a mortgage on it?

Can you wholesale a property with a mortgage on it?

Member since 2018 · 4 posts · 0 votes

Hi everyone, 

Im new to the real estate and am I'm trying to land my first deal as a wholesaler. Fear of missteps is really impeding progress. In particular I was wondering how one would get the numbers to work if there is a mortgage/lien against the home??? Any advice/insight is much appreciated!

-Prisca

0Reply
15 views

4 Replies

Jump to latestLatest
  • Real Estate Coach · Riverside County, CA · Member since 2017 · 238 posts · 157 votes
    8y

    yes, no different than if it was owned outright, assuming the loan can be paid off in full from the transaction.

  • Neptune, NJ · Member since 2017 · 9 posts · 0 votes
    8y
    Hello . Are you interested in a partnership .
  • Member since 2018 · 4 posts · 0 votes
    8y

    Thanks John!

Join the conversationCreate a free account to reply, vote on answers and follow this thread.