All Forum Posts by: Andre Sazhnev
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Post: Seller owes 90k on property, what do I do?
Andre SazhnevPosted
- Goshen, IN
- Posts 2
- Votes 0
Hello. I’m new to flipping and to real estate in general. I want to get started. I found a property for sale by a wholesaler and here’s the deal. Asking price is 99k, owner owes 90k as the mortgage. How do I go about this? Is there a special way to buy these kind of properties or do I just go to title company on closing and pay cash for the house? Sorry if this is a dumb question, but I need some help.