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Updated over 6 years ago,
Short Sale Process in Florida
Hello I live in Orlando FL. I see short sales properties on the MLS and wonder what the process is to purchase a short sale, rehab and flip it?
Do banks allow you to purchase a short sale with hard money? Is there a holding period in which you are not allowed to resell it?
If a bank is asking for cash, are they open to negotiating price?
Overall, is it worth trying to flip a short sale?