Consider bringing on a partner who can add the strategic AND tactical insights to better help you frame your deals.

Sometimes when an investor is telling a wholesaler that their property isn't worth as much as they think it is, it is really a negotiation tactic.

I never thought about trying this tactic. 

Their group actually does have a lot of creative marketing tactics and they do a fair amount of things that other agents who don't know how to implement will claim don't work.

My tactic: buy-and-hold investing in single and multi-family homes; with appreciation as the cherry on top :) I see this goal evolving into learning + profiting from other real estate avenues as well ( i.e. flipping, etc..)The challenge: I live in California (Bay Area)....enough said, y'all know the barriers to entry here.

Moral of the story, the CFD in this type of transaction is not the proper instrument and many not grant the indemnity one might think.As mentioned the tactics described by the Note Guy are considered "Circumventing Foreclosure" and are forbidden by law.  

Charging a deposit above the application fee is a tactic that some use to keep the applicant from looking elsewhere - an applicant only has so much money they can pay toward the holding deposits.

I just believe it is a misleading marketing tactic and that companies should operate with greater transparency as a matter of ethics.

The math is:  to jump up cash on cash performance, ramp up passive income, so one can stop the "job" of doing transaction income tactics like flipping.  

Additionally listen to the BP Podcast , it really keeps you up-to-date with strategies and tactics.