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Updated almost 15 years ago,
Preferred Exit Strategies for a Short Sale
I am literally just starting out in Real Estate Investment. I was putting my marketing strategy together when I happened to come across an opportunity for a Short Sale investment through a referral, this would be my first deal EVER! Now I obviously want to be confident and show my confidence to the seller but I am uncertain on my Exit strategy.
Scenario: First loan $199k 2nd Loan $90k with a value estimated at $235k.
I am confident in my negotiation strategy with the bank but what you suggest for a strong exit strategy?