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Updated over 10 years ago on . Most recent reply

User Stats

111
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17
Votes
Mike Barry
  • Plainfield, IL
17
Votes |
111
Posts

looking to help a friend in short sale process

Mike Barry
  • Plainfield, IL
Posted

Hi all,

Im new to investing here i have two properties but have acquired them both the traditional way with banks. A friend of mine has been underwater for some time on his property and has been negotiating a short sale with his bank for sometime now. He has since moved out and his house has sat vacant on the market for going on a full year now.

Is there anything in this situation where i can help him out as a friend and an investor?

Thanks everyone

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