investors: Is it legal to flip short sales? See posted question. - 07/11/10 03:06 PM
I recently found this post on the internet asking if flipping short sales is a good opportunity.  After reading this it made me analyze the big picture here. _______________________________________________________________
If I can buy fully negotiated short sales directly from the agent/broker that represents the lender at 80% of BPO, is this a good flip opportunity?
I have someone that can provide me properties consistently for 80% of BPO before they hit the MLS. I plan to wholesale it for 85% of BPO and list with the same agent that provided me with the deal so he can double end and make a … (4 comments)

 
Diane Wheatley, Broker, SoCal Real Estate Expert (909) 815-4499 (Move Up Properties) Rainmaker large

Diane Wheatley

Broker, SoCal Real Estate Expert (909) 815-4499

Rancho Cucamonga, CA

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Move Up Properties

Address: 180 N. Benson Ave., Ste. A/B, Upland, CA, 91786

Mobile: (909) 815-4499

Office: (909) 981-5400

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Survived the mortgage meltdown and live to teach others how to buy and sell in the "move up" market in California.

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