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All Forum Posts by: Alicia Yarbrough

Alicia Yarbrough has started 2 posts and replied 4 times.

Post: wholesaling a short sale

Alicia YarbroughPosted
  • Posts 4
  • Votes 0

Is it possible to wholesale with a short sale WITHOUT double closing or using transactional funding?

thank you. But would I still be able to wholesale this property?

So if I understand you correctly I CAN wholesale the mortgage then the deed she has would be null and void automatically changing over to me ? then I can assign that mortgage to an end buyer and let him evict? But would I be able to tac on a wholesaling fee?

I recently talked to a owner of several properties however the one he wants to sell (which is a double) he only holds the mortgage to. He deeded the home to a tenant a while back and hasn't seen her since meanwhile he let an old employee of his occupy both sides and he hasn't received rent since 2019. He does have a lawyer involved and trying to foreclose. Can I even wholesale this home from him or do I need to find this missing tenant?