Funds Needed to Bring Mortgage Current (Pre-Foreclosure)
I have a owner who is in preforeclosure and has told me she is willing to sell for what she owes. She owes about $10K in back payments owes about $73K and property is worth $90K+ if fixed up. How do I go about getting the funds to bring the mortgage current so I can continue making payments to the bank via lease option to tenant-buyer?