Updated almost 7 years ago on . Most recent reply
Wholesaling a property to a buyer with no cash
I'm currently looking into purchasing my first rental property. Not really sure how to ask this question but, Is it possible I could buy a property from a Wholesaler with a bank loan?
Ex: wholesaler presents a property to me for $50k. Since I dont have cash, I want to go to ABC bank to take a mortgage loan out for $50k.
Is this possible?