Wholesale Process Question (Arrears)
I'm trying to find out the answer to an arrears question but I can't seem to use the search function within the sub-categories. So, If a property is worth 500k, has 30k in arrears and I put that under an assignment contract.
How does the process pan out after that? What would crunching the numbers look like, with a fee of 10k for assigning that towards someone else?
I believe what confuses me the most is how arrears come into the situation of messing up a good price for the buyer.
Thanks,