Putting a contract on a short sale
I'm interested in doing a contract on a house that's in short sale ...banks are asking $66,000 maybe needs $30,000 in repairs to bring ARV to $200,000, home is thru a realtor , would it be better to flip to another investor and just make a profit or would it be better to get a hard money loan, to fix and resale. Also if I do decide to assign to a investor I was told I would have to do a double closing...is that correct?