They’re relocating out of town and would like to sell by the beginning of the year.Here are the key details:Current rent: $1,850/month (tenant is month-to-month, wants to stay)Market rent estimate: $2,200–$2,350/monthTenant history: Has been there for about a year; was paying $2,150 at their prior rental, so an increase to $2,000+ should be manageable.Seller’s situation: They owe about $156,000 on the property and want to net around $100,000 after all taxes and fees.Existing mortgage rate: 3.5%Wholesaler offer: $287,000My position: I just bought a fixer-upper, so most of my cash is tied up, but I can access around $100,000 from a HELOC at 6.5% (15-year draw / 15-year repayment).Question:Is there a way to creatively structure a deal that allows me to leverage the seller’s existing low-interest mortgage — even though it’s not officially assumable?

Are you looking for turn-key properties or something along the lines of a "fixer upper"?

Are you looking for turn-key properties or something along the lines of a "fixer upper"?

I have a client looking for a fixer upper project.

Getting set to take off on my first fixer upper for equity.

Are you looking for turn-key properties or something along the lines of a "fixer upper"?

I believe you are in a very good position to invest in fixer upper being your construction background.

Are you looking for turn-key properties or something along the lines of a "fixer upper"?

You can too, and it isn’t difficult to set upFirst click on your icon in the upper right hand corner of our screen.Click on image to enlarge..Then click on Settings Make sure you SAVE YOUR CHANGES, and you’re done!

You can too, and it isn’t difficult to set upFirst click on your icon in the upper right hand corner of our screen.Click on image to enlarge ..Then click on Settings Make sure you SAVE YOUR CHANGES, and you’re done!