Wholesale deal question
So.........a first time flipper contacted me in Baltimore about selling a house that they fell way behind on and had to take general contractor to court which took a year, they finally settled and finished the house. They owe a money lender $220k and have to sell now. I offered 170k, my question is if they take this deal and I close would they still be responsible for the $50k difference or would that debt move over to the new owner of the property?
P.S. I'm wholesaling this deal.