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Category: Need Advice Current Grade: C+ Total Views: 483 Member Comments: 2 |
Posted on: 04/22/2008 Posted by: lilstacks Blog Points: 103 View all blogs >> |
I HAVE A FRIEND WHO COULD POSSIBLY LOSE THEIR HOME WHAT CAN I DO TO HELP? IS TAKING OVER THE TITLE AND WHOLESALING THE PROPERTY AN OPTION? OR WHAT IM KIND OF CONFUSED
If the numbers come out right, you can try to pickup the deal. Most banks won't approve an assignable contract. You may have to buy the property from the bank at a discount with a short sale and then wholesale the property after that.