Skip to content
×
PRO Members Get
Full Access
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime.
Level up your investing with Pro
Explore exclusive tools and resources to start, grow, or optimize your portfolio.
~$5,000+ potential annual savings on vetted partner products
10+ deal analysis calculators with ready-to-share reports
Lawyer-reviewed leases for every state ($99/package value)
Pro badge for priority visibility in the Forums

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Classifieds
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 9 years ago on .

User Stats

74
Posts
18
Votes
Loreal Amporful
  • Realtor
  • Decatur, GA
18
Votes |
74
Posts

Need help structuring this deal

Loreal Amporful
  • Realtor
  • Decatur, GA
Posted

Hi currently have this property under contract, but I need to restructure this deal. I am looking to wholesale the property, but currently the owner is under water and wants to get rid of the property. Only problem is the property needs work and he owes 37261.56 which is more than what the property is worth. How can I restructure this deal so that its a win win situation? Any feedback would be appreciated.

pics: https://www.dropbox.com/sh/6v2jjgdutoevvuw/AAA1PULVXeJvSepW5lqqxHjAa?dl=0

Offering

Loading replies...