Anyone Familiar with Flipping a note/

[Dale T.]

I was not sure if this can be done like A Short Sale Flip? An A to B and B to C type of Flip. Any info on this woul be great. Thanks

[Marc Faulkner]

Yes quick flips are the name of the game in the note brokering game as most brokers never put any of their own cash into the deal. They find notes-get investors to price the notes and then discount the offer to the seller by whatever they (the note broker) wishes to make out of the transaction. A good broker will get the note under contract at an attractive price and then assign the contract to an investor for a fee. It's done every day.