Should I try to do a short sale? Would you pay to have bring the home out of forecloser and rent it out? Would you do a loan for the homeowner and receive a monthly cash flow until the loan is paid? At this point we are working with the lender to stop the sale of the property. Please advise thanks.
There’s no deal…at least not one listed. We can advise unless you provide details…way to vague.
Unless you were trying to figure how a polling post works, I wonder why this would be a poll. Why would you expect to gleen from a poll?
Keith
Keith,
I am very new to the site and I need some guidance on a potential deal. Is this where I would ask that type of question?
Thanks,
Vee
I am very new to the site and I need some guidance on a potential deal. Is this where I would ask that type of question?
We need to have details. Describe the situation. What is the amount owed, what is the value, etc…
Yes - ask away…
Keith
Questions is, are you qualified to do a short sale? Do you know the whole process and what it entails. I am sure you are to try to be helpful, but the blind can not lead the blind.
You should probably recommend that they speak with an attorney to find out if a short sale is right for them.