Banker · Chapin, SC · Member since 2016 · 30 posts · 5 votes
Summary: current status - off market - Selling immediately for job relocation
Columbia, SC - Saluda River Club, - Payoff $135,839.00 - Last Appraisal - $192,000 - Sale Price - $172,000-which includes the wholesale fee, seller profit and agent flat fee.
Home currently has a long-term tenant on a month-to-month paying $1350.00
I'm going to see it tonight and sign a purchase contract. The problem is I can't qualify for another mortgage with what I've already got and I don't know any other way to structure this, other then wholesaling to a cash buyer...he is looking to close in next 2 weeks.... OR give me some ideas...Ideally I don't want to wholesale it...I want to keep it b/c it cash flows basically 350/month...