a guy i work with has stop paying for his house and going to let it go he say he is tired of paying for it is there anuthing i can do to make a profit on it
Before you ask a question like that you have atl east do your due dillgence. Get all of the important info like: payment amount, type of loan, term of loan, when it was originated, market value, rehab costs, holding cost. What would you plan on doing: Short sale, lease option, subject to, etc. and what are your exit stradigies, wholesale, reatail, owner fianancing on a wrap, lease option, etc.
Figure all of that out and them get back to us.
Mark
u should probably get your computer keyboard looked at too
yes it was late when i typed it and did not read over it untill to late thanks for the idea anyways ;D