Financing Short Sale Deals
I have few questions about short sales:
Must CASH ONLY be used to purchase a mortgage that has been shorted?
Can the deal be financed by another mortgage through a bank or hard money lender?
Can you assign a short short sale deal?
Your responses are greatly appreciated.
Thanks,
Nate
Thank you Short Sale Pro. Man! Doing a deal in a legal manner is tough I tell you. All these real estate gurus and experts act like its a piece of cake!
Like you might have read, I have 2 deals( easy part) but its the other things like title companies double closing issues etc...that are giving me a headache. Oh well, Ill just try my best to close these deals. And If I do, a lot of credit goes to this forum and you Short Sale Pro.