Foreclosure

I have a deal that I bought from another investor that has a home in forclosure. She owes 82,000 and it is worth 112,000. I have a RTO tenant in it now. i need to get it out of forclosure and cannot find a lender that will touch homes in forclosure. Is there anyone with any suggestions on what i should do. I am 3-4 months away from sherif sale. my tenant wants to buy the home. they would have to go stated and have a mid of 580 i believe. confused

Comments(1)

  • tinman175526th January, 2004

    Have the tennant purchase the home. Any bank will allow someone to buy an owner-occupied house, As long as the qualify for a mortgage
    [addsig]

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