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Wholesaling
HomeForumsWholesalingSellers Position
Thomas Conway's profile image
Thomas Conway's profile image
Thomas Conway
  • Real Estate Investor
  • from Miami, Florida
  • Member since Sep 8, 2009
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Thomas Conway's profile image
Thomas Conway's profile image
Thomas Conway
  • Real Estate Investor
  • from Miami, Florida
  • Member since Sep 8, 2009
Connect
Thomas Conway
  • Real Estate Investor
  • Miami, FL
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Wholesaling

Sellers Position

Thomas Conway
  • Real Estate Investor
  • Miami, FL
Posted Sep 17 2009, 10:17

I was just introduced to Wholesaling yesterday and I have a ton of questions. But I'll keep it short for now.
Does the property I am buying have to be owned outright, or can there be a mortgage?
If there is a mortgage and the house was worth less than what was owed, than the deal would become a short sale situation right?

Thanks for the response in advance.

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