Flipping Short Sales?
I have a couple of properties on deck that are short sale candidates that some active RE guys are interested in. I have not signed a contract. I have done no work to make the short sale a reality. The investors just think it seems like a good short based on what I've told them.
Does anyone flip short sales regularly? Or should I say "Pre-short sales? How do I sign something like this up? I mean, what's the purchase price on my contract with the seller? What should I expect from the investors by way of fee? And no I haven't asked them specifics yet, I haven't even signed up the deal! Sheesh! 
I'm asking about YOUR experiences....
Thanks!
If you can sign a purchase agreement and negotiate a short sale favorably you should be able to assign the contract and make a few thousand.
In my opinion it is always better to do the investing yourself but if you do want to wholesale or assign I don't see why this wouldn't work. Just make sure you can negotiate a profitable short. I have had trouble doing that lately.
Tried to delete this because its in wrong forum but software won't let me.
Sorry.