Point being - if it is a nice house, and an INCREDIBLE deal at the opening price, you will likely find lots of bidders bidding - and the price will ultimately end up being 10-15% off what it would sell for on the open market This is definitely not a certainty... you hear stories all the time where someone gets a hell of a deal... you just never know... but on average (where I'm at)... nicer houses sell for a price that is discounted, but not a crazy steal. 

That is who I have all of my insurance through and I get a slight discount as a result.

Also depends on why he's asking for such a big discount.

I also understand that the real money will be made on the 3rd, 4th, 5th+ deals, so my primary concern is getting started, getting experience, and making a little cash on my first investment.My initial strategy was to purchase a light value-add dup/tri/quad that is selling at a discount per key to FMV ideally with rents below market.

Lastly, either you’re going to discount the electricity you generate with the panels, causing your investment to be a loss.

I got this deal from a wholesaler and paid the price that the wholesaler was asking since it was already discounted.

It would be the kind of discount you might expect from being on a busy street or near train tracks.

Estimated Market Value: $290,000 to $330,000One of the most satisfying aspects of this investment is that the duplex is now operating at break-even, and we managed to secure it at a 10% discount below market value, showcasing the value of strong relationships and strategic decision-making in real estate investing.This deal exemplifies the importance of being adaptable to market conditions and leveraging existing networks to uncover hidden gems in the real estate landscape.

We are in the north and will give discounts going into the winterWhen veryFew new customers rent.

In short you can buy or sell notes at a discount or premium to "face value".