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Updated over 9 years ago on . Most recent reply

Kathy Argento's profile image
Kathy Argento's profile image
Kathy Argento
  • Lender
  • from All, Nationwide
  • Member since May 25, 2015
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Kathy Argento's profile image
Kathy Argento's profile image
Kathy Argento
  • Lender
  • from All, Nationwide
  • Member since May 25, 2015
Connect
Kathy Argento
  • Lender
  • All, Nationwide
46
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144
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Investor Mindset

Investing in Short Sales?

Kathy Argento
  • Lender
  • All, Nationwide
Posted

Hello everyone. I'm a newbie but found a home on Redfin that is a short sale and it looks like a really good deal. Now, I know it's better to find homes NOT on the MLS, but I was just poking around and saw this one. Anyone ever invested in a home that was a short sale on the MLS? The list price is $175,000 and after researching, the comps and the ARV is $290,000. Is this a stupid way to invest? Just curious...... Feedback anyone?

Thanks!
~Kathy

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