What technique are you using to get paid on a short sale?

[Jana B.]

I now have 2 contracts on some property and they both have a proof of funds letter I really don’t want to send the proof of funds to BOA because that will see how much the buyers is buying the property for and they may want me to go up on my offer because of the buyers amount. Right now my spread is over a $100k. How are you guys get paid of your short sales deals? What are you putting on the HUD-1 to get paid? Someone at the title company said that other short sale agents are putting a CLEARED TITLE FEE on the HUD. Do anyone know if this will work or what technique are you using?

Thanks

P.S.
Is there now a limit on how much we can make off a Short Sell deal? I over heard someone saying this.

[Nick J.]

What are you talking about in regards to BofA seeing how much the end buyer is paying you?

Are you assuming you're going to be able to 'assign' these contracts?

I get paid by purchasing the short and then reselling A-B and then B-C. How exactly are you expecting to get paid? No offense, but did you just get done reading some outdated short sale guru course?

Limit the amount we're able to profit? Again, what exactly are you talking about? Who is telling you that and have you smacked them in the head yet?