Need help from Sub-ject 2,Lease-Option Investors

Need help from Sub-ject 2,Lease-Option Investors

The strategy I normally like to use is wholesaling.I answered an add on CL that was in a great area.I asked if I pay cash and close quick what is the lowest you will take.And this is their response:
Well, since I owe $279,000 on the house, I would have to "pay" cash out of pocket to sell. The most cash I could come up with would be $10,000, so $269,000 is the lowest I could go. If you have Cash, then this would be the same as assuming the loan and you would save thousands in finance costs and thousands in realtor costs.

What can I do?

__________________


I don't know much about

I don't know much about subject-to's or L/O, but definitely determine ARV, if that's a 400,000 house and you have a buyer or the resources to employ a solid exit strategy then you might have a deal.

__________________

"The man who acquires the ability to take full possession of his own mind may take possession of anything else to which he is justly entitled."
-Andrew Carnegie

"Man often becomes what he believes himself to be. If I keep on saying to myself that I cannot do a certain thing, it is possible that I may end by really becoming incapable of doing it. On the contrary, if I have the belief that I can do it, I shall surely acquire the capacity to do it even if I may not have it at the beginning."
– Mahatma Gandhi