How to analyze a deal if someone owes

How to analyze a deal if someone owes

Atlanta, GA · Member since 2016 · 60 posts · 5 votes

Hey BP family let's say if I had a probate deal hypothetically speaking, and if the decedent's house was built in 2003. He or she had at least 170k left on the mortgage, but the comps in that area is 225k how would I analyze a deal like this or would that not even b worth my time due to how much is owed left on the mortgage?

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  • Wholesaler · Statesboro, GA · Member since 2015 · 5 posts · 1 vote
    10y

    65 to 70% of the ARV minus the existing mortgage, repair cost, and assignment fee if you anticipate on wholesaling.

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