Short sale a VA loan

Foreclosures, Short Sales, Tax Foreclosures
1

Can short sale a VA loan.

ARV 97k

1st mortgage 72k
2nd 21k
repairs 15k

I was going to try and short sale it then assign it to a rehab investor by doing a double close

2

A short sale on this type of loan is possible. You can get get it discounted but its a federal guaranteed loan. This will limit the amount of the discount but you should be able get the 2nd discounted much more.

Tony