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Updated over 14 years ago on . Most recent reply

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2
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Alvin Acosta
  • Real Estate Investor
  • San Antonio, TX
0
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2
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Help! First Wholesale Deal!

Alvin Acosta
  • Real Estate Investor
  • San Antonio, TX
Posted

So I have a potential deal that I came across on. The numbers work nicely. However, there is a problem….

Brother A is the seller of his second house (It is under his name and his mother’s name, whom passed away nearly four years ago)
Brother A allowed Brother B to live in this house so as long as the insurance and taxes were paid for, but he has paid for neither
Brother A wants to sell me the house with one condition….
Kick Brother B out of the house without telling him that Brother A sold me the house

At first it seemed like a piece of cake, but the more I think about it the more difficult it becomes for me to sign a contract with this guy.

First, since the mother’s name is on the deed and since she is now deceased is there a way for me to find out if any of her interests were passed on to her children, significant other, cat or dog?

Second, if Brother A inherited 100% of the interests for the house, what kind of story can I come up so I won’t “hurt” the brother’s feelings?

Any feedback is greatly appreciated! This is my first post, so I hope I’m not violating any rules.

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