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Updated over 15 years ago on . Most recent reply

User Stats

28
Posts
0
Votes
Matheno Howell-Bey
  • Loss Mitigation Specialist
  • Baltimore, MD
0
Votes |
28
Posts

SHORT SALE FLIP HELP

Matheno Howell-Bey
  • Loss Mitigation Specialist
  • Baltimore, MD
Posted

So I am having a good time flipping short sales using my option agreement and suddenly I have my first lender throw a monkey wrench in my closing because of seasoning. Okay so I thought that dodging FHA like the plague was all that I needed to get around this seasoning issue. Does anyone have a method that works to get around lender seasoning. I have a buddy that uses a land trust but I am still looking into the legalities in doing this. Can a Short Sale Flip be successful with Land Trust in most states and why?

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