Updated over 9 years ago on . Most recent reply
How to structure this deal?
Seller lost his job, moving out of state and must sell. He's already behind on payments for two months.
He wants 129K for the house but he OWES 125K. He's offering owner financing.
How do I structure this deal for a wholesale opportunity? I've read about this and I know it's mentioned in podcasts but can anyone explain what you would do?
Comps are around the $180K mark after some rehab.