Blind bidding, newbie in Central Florida

[Jason Wagner]

Hello BP community,

I’m new to the site and to the real estate investing world. I’ve been trying to get my first deal going but it seems like I get out bid before anyone even sees the property. Is this normal for a bidding war to break out before anyone goes in with their contractors to get a bid? I had one pop up yesterday and set up for an open viewing Monday, all of a sudden tonight they message me “I need your best offer within the hour” wtf I don’t feel safe putting an offer without a reno bid or am I going about this all wrong!? Just roll the dice and figure out if I’ll make money or lose money later... half vent, half serious question here.