Updated almost 8 years ago on . Most recent reply
Looking for creative deal idea
Does anyone have any creative suggestions for this deal?
I have found a homeowner who is underwater, the house is worth 100k and he owes 120k. This property would not cashflow. I have thought about a wrap around mortgage, but that would not work either.
It may just be that the owner needs to give the house back to the mortgage company.
Thanks,