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Updated about 1 year ago on . Most recent reply

Devin Alexander's profile image
Devin Alexander's profile image
Devin Alexander
  • Member since Aug 5, 2024

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Devin Alexander's profile image
Devin Alexander's profile image
Devin Alexander
  • Member since Aug 5, 2024
Devin Alexander
0
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4
Posts
Wholesaling

What would you do in this situation as a wholesaler?

Devin Alexander
Posted

Buyer is behind on mortgage.

Home is worth 254k.

Mortgage is 186k.

Very little equity there.

No liens or other outstanding incumbrances.

Would this call for a novation situation?

What would you do?

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