Certain areas like San Fran and OC can easily go lower as people substitute down to lower cost areas.

I found it very interesting that you can purchase a 1-4 unit but nowhere on the VA site do they mention that at least not that I was able to find.http://www.va.gov/opa/publications/benefits_book/benefits_chap06.aspRestoration of Entitlement: Veterans can have previously-used entitlement "restored" to purchase another home with a VA loan if:The property purchased with the prior VA loan has been sold and the loan paid in full, orA qualified Veteran-transferee (buyer) agrees to assume the VA loan and substitute his or her entitlement for the same amount of entitlement originally used by the Veteran seller.

Let me clarify ....As long as the bidder shows proof they are arranging financing, the clerk of court and substitute trustee will allow an extension.This is only my second flip.

If you want an all-encompassing description of property values in your area, there is no substitute.

Instead, maybe you want to substitute the expected sale price of the property into the cap rate denominator, and compare that to what you can make in the bank or a safe investment.

It turns out that he tracks Notices of Substitute Trustee, a normal precursor to a foreclosure (good method as these can be filed weeks before an actual Notice of Sale appears in the paper). 

The substitution principle answers your question.

Hi,I'm starting here that double closing are not really ideal, so as a substitute, it's advisable to use transactional funding. 

A roundabout solution could be to by another (traditional) property via seller financing and substitute collateral down the road using this property and then refinance the new acquisition gif the better loan.

If you haven`t done a lot of negotiating ya just gotta do it.....no substitute for experience.