If you have ever wondered what a short sale flip is, then you are wondering about one of the few true ways to actually make money in a declining real estate market. The truth be known, one man’s misery is another man’s joy. That notion is entirely true when it comes to a short sale flip. So to better help you understand just what a short sale flip is, let me briefly break it down. Interested real estate investors with plenty of venture capitol do short sale flips all of the time. Basically they look for homeowners that are selling their homes via a short sale. They offer a decent bid that leaves plenty of room in equity in the home. Once they close the sale they may renovate or rehab the home before immediately placing it back on the market for a quick sale. The investors mark up the price slightly, leaving plenty of room in equity in the home. This is attractive to home buyers who march in and buy the home faster than other homes around it will sell. The investor pockets the money and moves on to the next short sale flip.
