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Updated about 10 years ago,
Wholesaling: How to Avoid Short Sale
I'd like ask if anyone knows the best way to avoid a short sale in wholesaling. It would seem that most deals would gen up a short sale situation. Example: If my MAO is $54K (after ARV calc and rehab and assign fee) on a comp of $120K and seller owes $100K, that's a big delta and creates a short sale situation. What do you do/recommend? Is there any way to avoid this?