I don't see why the seller would accept such a large haircut only to have the asset sold a few months before.Am I missing something obvious?

Make sure you get a formal term sheet to compare apples to apples, don't accept soft quotes. 5.

For example, a properly executed deed from a now-deceased grantor and recorded a month after death might appear to title as acceptable risk.

Offer gets accepted at $505,000 with $5k in seller credit.

HUD recently accepted my offer on a single-family house, and my bid price is 25% less than the market value, making it a great deal.

These include falsely claiming to have closed dozens of deals when none were ever closed, illegal payment of undisclosed sales commissions to bundlers and independent contractors, advertising the funds as safe and appropriate to investors with obvious near-term needs for their capital, creating fund of funds en masse assembly line fashion with no corresponding SEC filings, unregistered brokers/financial advisors acting in that capacity absent licensure, having customers wire money claim the fund is fully subscribed and putting them into a high yield promissory note, accepting funds from unaccredited investors, misrepresentations about the debt put on the project, lies about experience level of the principals, omissions of material facts, and at least two straight up Ponzi schemes.While it's true that some legitimate operators are having issues in their portfolios, today's circumstances are a perfect example of the idiom, "you can only discover who is swimming naked when the tide goes out."

I have had PMs put pets in no pet properties and accept a two kid family in a tiny one bedroom.

I may accept a lower return along the way if there's a bigger payoff in the end.

Affordability is at crisis level in many States, while it is still acceptable in others, mostly the Midwest markets.

I would not have have the 2 wholesale deals completed with 3 more PA verbally accepted.