You have 2 main players if there is not any junior liens on the property.The lender on the loan and the owner.The banks DOES NOT own the property with a short sale and is merely agreeing to release their interest (lien) on the property for a discounted payoff.The owner of the property has to agree and go along with the price and terms the bank accepting the short sale wants.If both do not agree then the terms and price and conditions go back and forth until they settle or the short sale doesn't happen.So a seller can want to sell to you at your price but the bank doesn't agree or the bank agrees to sell at your price but the owner doesn't agree to the conditions of the sale the bank wants.So without both on board you have nothing.

Lynch also raised a red flag over Chris Gordon’s offer to help Keel find an apartment that accepted pets, claiming it amounted to “steering”.

I don't understand why miniature cities feel the need to throw up anymore Red Tape over their Real Estate markets, which is just suppressing prices even more by keeping all of the RE Entrepreneurs far away....

That should be a little bit of a red flag itself.

You will have big players with large amounts of capital.

Same day moves are huge Red Flags... when they get ready to leave your place... they will either do a same day move.... or a last minute move with the help of the sheriff's office....

In this case, both real estate agents were worth their weight and more to push through the red tape and make it happen.

If I were selling, that tells me I don't have the buyer or principal in the deal, it's a red flag as to who your buyer is.

Of course... that was for an 80k property in Rochester.Then, when I was looking at a 250k triplex in NJ, I found a mortgage guy from Investors Bank who was MUCH stricter - he only used 75% of the rent for the computation, AND said I have to have plenty other income so that my "housing payment quotient" is 30-40% of all my income.Is the trick to deal with an understanding mortgage brokers who take a nice fee, rather than bankers who work with more red tape?

Far as finding a good wholesaler to work with I say visit a local REIA meeting and find out who your real players are.