Another contrarian success story

Ok I have been talking about a bunch of downer shit lately. Time for a success story. I have some friends. I absolutely love them to death. One day we will be fishing off the back of some BIG BOAT(big boats suck unless you have a big boat) and reminisce about these days. I am about to go work with them on flipping short sales. They have spent the last few years putting a system in place. They are on the cutting edge of the great RE clearinghouse. I truly believe they are a contrarian riches story. They have short sale negotiation to a science, and are putting a system in place to handle the volume. 1 in 8 loans are in the crapper right now. Currently foreclosures are down, but defaults are at a scary level. I know some peeps that can't cover their nuts right now. It's in my world so it's real. If you build the right relationships, there are fortunes to be made. Loss mitigators want files off their desks. They get paid bonuses to clean up files. They are also overwhelmed, and really don't give a crap about the screwed borrower. To them it's just a file, and they are overworked.

I've been told that being sweet, and constant follow up is the skill needed. It can take 4 months to negotiate thru the muck, then you have 3 days to close once you get approval. It's a numbers game and not all work out. You better have impeccable contracts, a kick ass title person, and a marketing force to get rich. If you do you just might. These guys are on to something. If your in a jam and need short sale help it's http://www.shortsalespa.com/ . Good people who really care about the seller. They have an 80% close ratio. If it was baseball, they'd be all stars.