I found a property that's a short-sale. Is it possible to write-up a contract with the bank and wholesale it to a cash-buyer? If so, what's the process?Thanks much!Josh

Hi Everyone,

I am considering this property which is valued at 3.8 million by the local county in Dallas Tarrant county area.
Current taxation for that is close to hundred thousand and the seller at this point is try...

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Option 1 400k - Approved short ...

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Investment Info:

Small multi-family (2-4 units) other investment.

Sale price: $120,000

Negotiated short sale

What made you interested in investing in this type of deal?
Homeowner called me d...

Anyone with experience on FHA rules these days?
I have a property under contract scheduled to close at of this end of this month but I just received news closing will have to be delayed due to the Feds anti flipping ...

Hello. I do most of learning from podcasts and videos from YouTube. I feel that I have a good plan for myself by selling several of my homes and buying a multifamily unit with a 1031 exchange.

However I feel so...

I have a seller who I've been working with for months. He wants to sell me his house, but he doesn't want to close for a year. He's very realistic on the value, and is pricing it at about a 15% discount due to the lon...

Ok.. So I get an acceptance letter from Wachovia on Friday on a property that I'm shorting. In this acceptance letter it says...
*Wachovias acceptance of short sale proceeds is contingent upon there being no other pen...