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Updated over 14 years ago on . Most recent reply

User Stats

181
Posts
66
Votes
Johnny P.
  • Real Estate Broker
  • Orlando, FL
66
Votes |
181
Posts

Wholesaling a Short Sale

Johnny P.
  • Real Estate Broker
  • Orlando, FL
Posted

Has anyone successfully closed a wholesale on a property that was originally a short sale? Meaning a realtor was negotiating a short sale for a homeowner, you ( the wholesaler ) submit an offer to the realtor, it gets approved by the bank, and get the property under contract. Then find an end buyer and double close.

If this was possible it would give wholesalers many more properties to target ( at least in FL ).

I heard a lot of hype on this "new strategy" which ended in pitching a $500 course (figures). I look forward to hearing your thoughts / ideas.

Steph I know you have this course! Have you closed a wholesale this way?!?

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