On my third post of The Science of Finding Deals, I will reveal how one can compete buying houses on the MLS.

You probably can't do anything about it but maybe some well placed questions about current events just in chatting while showing the property could reveal some of their world views.

If the bank would reveal the actual home damage with photos, we would not have so much competition,  As a plumber, I have gone to many homes where people have purchased their home "site unseen".

When acquiring real estate, your due diligence is considered a sunk cost if it reveals that the deal is not as sweet as it looked before.

For instance, at the recently concluded FUNDING Summit that was held last June, I revealed a strategy how I can buy (and fix) a house for 80% of the after-repair value and yet I can make MORE money than the typical fix-n-flip investor (or rehabber) even though they have to buy (and fix) the property at no more than 65% of the after-repair value.

My research has revealed that you will be to acquire a commercial loan with the following terms 75% LTV15-20 Year Amortization 4.5% - 5.5% Interest Rate 5 Year Balloon.

However, a quick permit search prior to making an offer revealed that the owner had not received a single permit for any work conducted, and received a code violation notice for the ADU last week with compliance due in about 30 days. 

For good reason, once they publicly reveal their technique’s they are splattered over the internet by the “gurus” who want to sell another training etc.

Something will reveal itself... even if I have to buy smaller properties for cash.Thanks for posting this.

The appraisal didn't reveal any major structural issues or the like that would demand a lower price.The NOI was based on the previous 12 months, as supplied by the current property manager.