Which strategy do you prefer?

[Bienes Raices]

I realize that someone could use both at different times, and it's dependent upon the listing price and condition of the house...but of these two, which do you use more often:

1) Start with your lowest offer (maybe labeling it as highest and best), and then just move on if the bank doesn't respond, or counters too high (or submit the offer again in a month if the house is still on the market).

2) Start with an offer at or close to the listing price and then submit a bunch of estimates and inspection reports in the hopes that the bank will come way down during the inspection period.

I have only been using Method 1 so far, because I don't want to waste money on an inspection if the bank won't negotiate later. But I can see how method 2 might be a good way of getting something under contract.