Can anyone give me a brief description of a flip they funded with hard money?

If I have a property that I rent out at 95c/sf, I bet there is someone out there that under the same conditions in their market, with the same property description, with the same neighborhood, but in a different state (even in the same state, but a different city)..that is renting for as much as $2/sf...and I'm cash flowing better.  

@Steve Hille No I only asked because I met a Australia from Perth who work in mining a couple of weeks ago.

I met a seller a couple weeks ago before I had much knowledge about the business.

You have to get authorisation to release the information from the owner and fax it to the bank.Than call to loss mitigation department and ask them what docs they need for shortsale.They are pretty much the same for each bank:1. sales contract2. two last month bank statements of the owner3 2 last years tax papers of the owner4 hardship letter5 financial statment from the owner6 your POF 7 letter of explanation if you do it withot realtor that the property is for sale by ownerYou can see the short sale process description in HOMEQ site under loss mitigation.

I met a pharmacist who put his properties on the market.

From your description, it sounds like the property would be zoned mixed use with more then 50% containing a residential component (what some lenders would consider a Tier 1 property).

., MIDDLETOWN, OH 45044-9682Case # : CV06093114 Appraised: $162300 Starting Bid: $108200-------------------------------------------------------------------------------------PROPERTY REAL ESTATE DESCRIPTION LIBERTY TOWNSHIP, BUTLER COUNTY, OHIO RELATED NUMBER D2020-146-000-059 REMEDY 185,727.89 Case Attributes Number CV 2006 09 3114 Status Closed Filed 09/01/2006

Description of our property LLC - "It will (in all likelihood) be an LLC with two classesof members: member-managers and limited-members.

(Description of all work to be done, what is and is not included.