Starting Out
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 11 years ago,
Short sale agent
I am new to investing with some very limited success. I recently purchased a primary residence through a short sale that I plan to flip in a couple of years. I am considering getting my license and pursuing short sales (yes, I know how difficult they are) as an investment strategy. I would like to find upside-down pre-forclosures and try to buy them through a short sale. If I can't get the right price I would like, through my license, to find retail buyers and still make some money for my efforts through the commission. As long as I disclose everything to the seller, buyer and bank would this be a good strategy?