Jeff Watson's: Make Money from Short sale. Flip free profits?

[Lokesh W.]

Hi,

Has anyone purchased this course from Jeff Watson and Brian Meara's short sale strategy? This is supposed to be a new strategy - some flip free strategy. It says it is not lease option. They were selling it for $97 but now it is closed.

Any feedback on this course? What is this course about? Does it have anything to do with selling the property back to the owner at reduced price??

Thanks

[Account Closed]

It's one thing to have the theoretical knowledge on how it's done and it's another to have the exact language in the contract and the step-by-step process to make it happen. The program includes specific addendum that puts the lender on notice that if a subsequent offer is required to be presented or if a 30-60-90 day hold is required (such is the case with GSEs and some anti-flip lenders), the the investor has the choice to step aside for a fee and let the sale take place from A to C. It's a completely open and ethical way to do it so you are not hiding anything but actively disclosing your intent. If the bank allows flipping then you can always stay on and close on A to B then flip to C like a regular short sale flip. I could have paid an attorney hundreds of dollars to draft such addendum but I got it for $97 bucks plus detailed step-by-step video training on how to use it. For me it's a no-brainer.

This is not for the novice investor wanting to learn short sale flips, but it's a tool that complements whatever training and techniques you have already learned. It's specifically designed to overcome the anti-flipping rules.

@Karen M. "legally" anyone can buy a short sale property, even agents, but it's what you do afterwards that can get you in trouble if not handled carefully. Agents have a higher duty for disclosure and ethical conduct when it comes to dealing with distressed sellers. Jeff Watson the author of Flip Free Profits is very adamant about doing it in the right way and avoid any legal or ethical issues.