Can I wholesale an apartment if its underwater in mortgage?

[Breon Smith]

Hi everyone, I'm new to BP but always reading posts to get answers and I'm wondering if I can wholesale an apartment (quadplex) if its underwater. The owner says the mortgage would be their problem so I'm assuming they are going to bring money to the table to pay off mortgage (still have to ask if they're willing to pay off rest of the mortgage). She sounds very motivated to sell, she took the first offer and ask if I'm willing to buy more.

[Russell Brazil]

If the seller is bringing money to the table to pay off the lender, then you should be able to.  If they re not, it seems like it would be a pretty hard property to wholesale, since you would then need to find a buyer willing to assume a mortgage that is worth more than the properties value, and would need the bank to allow the mortgage to be assumed.