When Doing A Wholesale Deal
If I could get a little advice here... Who is usually the one responsible for negotiating any secondary liens (there are a few thousand dollars of attorney's fees that could probably get negotiated down to a few hundred dollars b/c the house is about to be foreclosed)? The seller (me) or the investor? Thanks in advance.
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Everything is negotiable! You the seller or an investor can negotiate down fees associated with foreclosure. But you need to do so before the foreclosure,which will require cash.
Thanks Michael,
But can I wholesale it to an investor on the condition they are the one ones that will do all of the negotiating with the lien holders? Or do I need to have all of that taken care of before I wholesale it?
Or is that what you mean when you say its all negotiable? Thanks again.