A seller called me wanting to sell her home. She ows $30,000 on the mortgage, and as it sits is worth about $75,000. ARV is $ 135,000to $150,000 . She’s asking $85,000 to walk away from it as it comes with an extra lot as well. She has no income and in a relationship that has ran its course with the roommate, whos been paying the mortgage for the last year. The home needs aprox $ 25,000 in work. Roof, carpet, and a whole bunch of unfinished projects to be completed. She is planning to move out at the end of March and if she doesnt sell it will walk away from it and let it go to foreclosure.
Im searching for a solution that of course with a no money down answer.