Flipping a short sale in San Diego

[Patrick Parry]

Hello,

I have a short sale that I am going to pursue and flip.  I will be the listing agent on the property.

I have heard their can be issues being the agent and the buyer on a short sale. It is a FHA loan through Chase. Only one loan and HOA is current. I have also heard getting discounts on a FHA short sale is not likely.

If anyone has some advice or personal experience with any of the above that would be much appreciated.  

[Bruce May]

@Patrick Parry, one of the short sales we bought last year was in Vista. My wife is a Realtor and the bank made us get another agent to represent us. They wanted an arms-length transaction. You might consider doing this right from the beginning because it added more time to our transaction.