Georgia Short Sale REI Processing

[Anthony Agnone]

Are there investors in Georgia that are getting properties/profits from facilitating short sales between owners in default and banks? At a recent REIA meeting, an investor from Florida presented some impressive numbers for this strategy. However, I've since then also read a lot of discussions online about banks trying to prevent this more in the past 10 years. Additionally, there is a lot of differences in legislation and bank practices across states, so I'm hoping to confirm any pros and cons specific to Georgia.

Thanks in advance!

P.S. for information purposes, I am also not a realtor or attorney of any kind.