Wholesaleable? 1/3 Deed in $700k Bergen County SFH – On Title + Mortgage

[James Johnson]

Curious if anyone here has experience wholesaling or flipping partial ownership stakes in residential properties.

I hold 1/3 deeded ownership in a single-family home in Saddle Brook, NJ (Bergen County) with an estimated FMV around $700k. I'm also on 50% of the mortgage.

Here’s the play:

Co-owners live there, not cooperating on a buyout

Mediation stalled

I’m now based out-of-state

Property is in good condition and current on mortgage

I’m looking to sell my share at a decent discount, however I know it's worth.

Would love to connect with anyone who’s moved a deal like this, assigned a fractional interest, or knows buyers looking for long-game equity plays with legal leverage options.

DM if you’ve got insight or connections. I’m open but not naïve, however, willing to discuss things further and can be flexible.

Thanks in advance,
James

[Chris Seveney]

Quote from @James Johnson:

Curious if anyone here has experience wholesaling or flipping partial ownership stakes in residential properties.

I hold 1/3 deeded ownership in a single-family home in Saddle Brook, NJ (Bergen County) with an estimated FMV around $700k. I'm also on 50% of the mortgage.

Here’s the play:

Co-owners live there, not cooperating on a buyout

Mediation stalled

I’m now based out-of-state

Property is in good condition and current on mortgage

I’m looking to sell my share at a decent discount, however I know it's worth.

Would love to connect with anyone who’s moved a deal like this, assigned a fractional interest, or knows buyers looking for long-game equity plays with legal leverage options.

DM if you’ve got insight or connections. I’m open but not naïve, however, willing to discuss things further and can be flexible.

Thanks in advance,
James

This is going to be a very tough sell.

You’re asking someone to buy into a property where they would still be tied to the mortgage, own a minority stake, and be legally entangled with uncooperative co-owners. Even with a discount, most investors will view this as a high-friction situation with uncertain exit options and limited control.

Unless the buyer has experience with partition actions or sees a very long-term upside, it’s likely to be more of a legal headache than an investment opportunity.

That said, you might find interest from niche investors or attorneys who specialize in fractional disputes, especially if the discount is significant enough to offset the legal and time burdens. Just be prepared for deep discounts and slow movement.