Shortsale double closing
When you want to do a double close, How would I come up with the funds to purchase the house. I would like to do a quick flip. I know that it would be using the investors cash right??? But how can we prove to the bank that we have the funds?
Could someone explain how the process for these transactions work. I recently started mailing out letters to NOD people and will hopefully get responses.
Can someone give me an idea of what kind of questions to ask the distressed sellers?
Thak You guys very much,
Gary 
What's up bigdreamsgary
I admire your and the other peoples aspirations to do short sales! You are more courageous than I! I like to have all my ducks in a row before attempting something like this
Double close http://www.thecreativeinvestor.com/modules.php?op=modload&name=Forum&file=viewtopic&topic=3530&forum=19
Ideally a short sale shouldn't be in new investors first set of deals unless they've been trained. You should have already done some wholesaling deals before trying the short sale deals. When you are dealing with the bank you'll need a pre-qualification letter. The pre-qualification letter is a letter from from your hard money lender that says you've been pre-approved for such amount yada yada.