Posted by Mike on March 06, 2001 at 19:35:04:
Sounds like a good investment property and if you are ready to close don’t worry about a wrap around or how the previous owner sold it to you. If you are buying it (not as owner occupant) then it is your house and you can sell it on a l/o to anyone you’d like. I don’t believe a l/o will activate the DOS until it is sold. If you really have 11 buyers qualified, try to find houses for the other 10 and you will be making a nice income.
Just a thought. Good Luck