Updated about 9 years ago on . Most recent reply
Wholesaling
I am new and just need clarification on this scenario, I appreciate any and all feedback.
My question/ scenario is..... I find a motivated seller who accepts my below market value offer, yet they owe more than my offer on the loan. How do I close this or can I close it? I figure some of the properties that I run into ppl may be underwater on their mortgage. Does this affect the sale?