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Updated over 9 years ago on . Most recent reply

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17
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3
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Maurice Daniels
  • Fitness Trainer
  • Danbury, CT
3
Votes |
17
Posts

wholesale deal

Maurice Daniels
  • Fitness Trainer
  • Danbury, CT
Posted

I have a potential wholesale deal on my hands. The ARV is $260k. The seller's mortgage balance is $187,571 and he has about $11,000 in liens. The seller wants to walk away with $5,000. When making my offer to the seller, do I include the lien amounts in my offer? (187,571+11,000+5,000=$203,571

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