I was thinking about investing in real estate by purchasing a few short sales. Does anyone have a rundown on how the whole process works?

A short sale is probably the best way to get into purchasing foreclosures if your still a newbie. Short sales usually involve purchasing a home that is currently undergoing the foreclosure process or that will soon be in foreclosure. Financing can usually be arranged from a financial institution allowing newbies to start out with minimal capital. Though short sales can takes weeks or months to be completed, so some patience may be needed.