Updated almost 18 years ago on . Most recent reply
NEED ADVICE ASAP!!!!!
OK, a 3bdrm, 2.5ba 1419 sq ft townhouse, needs no repairs, is ready to be rented, has insurance, owner needs out as of yesterday, it has a $27k mortgage and has a FMV of $116k. I'm about to fax an offer over of $89($116-$27) and want to make $10k on an assignment. Is this possible, or if not, what would I need to do to get a $10k fee? Please help!!! PS My contingency is that it's based on my lender's approval, so I could always lower the price if need be.