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Precious Thompson
  • Real Estate Agent
  • Philadelphia, PA
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Friend is a Motivate seller

Precious Thompson
  • Real Estate Agent
  • Philadelphia, PA
Posted

My friend is a motivated seller interested in selling her home. She owes ten thousand left on the mortgage. I’m apart of an investment group and came across people interested in that area. I never done a wholesale deal but is it possible I can profit while helping her get rid of the problem?

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Todd Rasmussen
  • Rental Property Investor
  • Clarksville, TN
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Todd Rasmussen
  • Rental Property Investor
  • Clarksville, TN
Replied

@Precious Thompson

So it it's unlistable, you might be doing her a favor if you don't take a huge amount of proceeds from it. Chances are listing it on MLS and selling it to a handy owner occupant is her best case scenario, but exigent circumstances could exist.

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