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Tony Adderley
  • Los Angeles, CA
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short sale flip success rate

Tony Adderley
  • Los Angeles, CA
Posted Nov 6 2010, 04:29

I'm a newbie short sale investor in Los Angeles. I've started a yellow letter campaign, found 2 agents to work with so far. I've made one offer so far. So I have some "skin in the game" with this business. My problem is an expert investor I trust said short sale flips close only about 10% of the time. Aaaugghhh! This can't be right. Most of my info says investors close - close to 50%. What do you know about this?

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