Backwards short sales?
What are these so-called backwards shortsales? One guru is claiming you can make 50k on one property. All you have to do is find a high end home, homeowner who needs to shortsale. This guru partners with you to buy the home and sell it back to the homeowner, giving you $ (50k) for setting this up. How is this even possible? I thought it was illegal for a homeowner who loses a home in this way to buy it back also?.....