Real Estate Expert Shomail Malik Gives Advice On Investing In Short Sale Properties

Shomail Malik, best-selling author & founder of the Real Estate Solutions Team and REST University, says there’s still a chance of profiting from short sale property flipping, but you have to be prepared for a lengthy and often frustrating process.
 
WINTER PARK, Fla. - June 2, 2014 - PRLog -- Shomail Malik, real estate expert, founder of the Real Estate Solutions Team and REST Academy, posted a new blog post on the REST Academy website, titled “Don’t Get the Short End of the Stick on Short Sales.” Real Estate Investors can get good deals with short sales, if they know how.

Malik says, “The short sale process can be anything but short, which is problematic for flippers because time is money! Short sale lenders tend to take their sweet time responding to offers and requests to change terms and conditions. But, if you can afford to wait, you just might land a deal. One way to help speed the negotiation process is by being as prepared as possible. Have all of your documentation organized and ready to deliver, and collect as much local market and appraisal information as you can to justify your offer.”

The REST Academy specializes in teaching new real estate investors how to succeed in any housing market.

The entire blog post can be found here.

Learn more about REST Academy at www.restuniversity.com

About Real Estate Solutions Team:

R.E.S.T NJ has rehabbed and sold 20 houses in the last 24 months, completed over 50 short sales, raised $15 million in private capital funding, and has 27 active projects right here in New Jersey. Best-selling author and professional speaker, Shomail Malik, bought his first property when he was just 23 years young. He has raised over $5 million in private funding since August 2012, has completed 50+ short sale transactions, and is currently teaching new investors to do the same. His leadership, work ethic, and in-depth due diligence has allowed his company to grow geometrically year after year.

Nicholas Webb began his real estate career in property management by starting his own small company after leaving his full time job in construction management. He developed a talent for marketing and attracting motivated sellers and has used his skills to help new investors acquire deals with in one-week’s time.

Chander P. Singh is an experienced real estate attorney who specializes in New York and New Jersey residential and commercial real estate. He is a graduate of St. John’s University School of Law and handled approximately 3500 real estate closings throughout the entire State of New Jersey and the Five Boroughs of New York City from 2002 through 2012.

Fred Bargiacchi has been heavily involved in real estate since purchasing his first home at the tender age of 18. For the past 10 years, he has actively remodeled and resold homes in Philadelphia and New Jersey, successfully developing the systems essential to success in this sometimes complex marketplace.

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