Take out costs for cont. education, transportation expenses, personal office type expenses, and the show and tell expenses to dine a client, take home after taxes is very slim for most Realtors.It is or can be an extremely stressful life and I understand the sence of urgency Realtors have in wanting to ram a deal through the maze of requirements.

The chance of that happening is slim :)I am glad it dropped.

Yes, I understood the "less than 70% ARV" rule, but my fee threw the numbers out of whack - making margins slim, but I kept pushing these deals.

Do not let this situation, or any others you encounter, deter you from becoming a great successful investor.Matt Mathews brought up an excellent point about how your agent should be honest with you about an offer having a slim chance but submitting it anyway.

I know someone who has made millions doing buy and holds even though things were rough the first five years because the margins were so slim.

I bought one from an open house, so it happens occassionally.I was driving through a neighborhood I liked, saw the open house sign and stopped to look at the house.I think the odds of selling through an open house are slim.

Hi, you didn't give enough info, but if the lender is not one of the big 5, is a regional or local lender, my first reaction is to suggest that you go to the bank and see if you can catch up the payments, sign the note with the seller (after you get a deal with the owner) 20K is slim, but depending on what it takes to get the value up and updated, the seller can move on and allow you to continue the mortgage and sell the place.

The chances are slim that a gang banger with prison tats is going to pass my screening process.I don't care what they look like.

Yet, the chances of another bubble bursting soon is slim.

Yes most who invest in liens hope for foreclosure but the chances of that happening are slim despite what the so called gurus tell you.