Updated over 3 years ago on . Most recent reply

Calculating Short Sale offers
I found a property on the MLS listed as a Short Sale with BRRR potential. When i look up last sale price, the only record is back in 1974. Is it safe to assume they did a cash out refi or something else at some point? What is the best way to figure out how much may actually be owed? The listing price is a little high for what it could cash flow, do you just offer at a price where numbers make sense?