But good enough.

Me not being able to find a good enough wholesale deal at .65 cents on the dollar.

Devlinif the asset you are buying is not good enough for you to be a guarantee then why would a bank?

First, make sure you get the property at a price that is good enough to wholesale to an investor.Put out bandit signs around the area, put ads on craigslist, etc...if it's a good deal it will go fast.Make phone calls to your local title companies and ask if they will double close.Find transactional funding either from someone here on Biggerpockets or on Craigslist...And put the deal together.... thats the short condensed version.

Guesses are good enough for a bank with a small note, the variance of the guess and a more accurate valuation isn't significant when you have a 120K note in a 400M portfolio, but it might be for the small note investor.Going through a note broker eliminates some of this as you can then rely on the purchase agreement, the repurchase arrangements, the warranties and representations made, not to mention servicing arrangements.

They just sign the assignment contract and that's good enough.

That is not a good enough deal.

Jesse Andrews saidi can get it for 75k (remainder of the mortgage)If $75K isn't a good enough deal offer $60K subject to the lender accepting $60K as payment in full (short sale).

I know at least 2 others also made offers on the same home yesterday and now wonder if my offer is good enough.

A letter saying you moved in for about any reason is good too, as an owner, you really don't need a reason, your desires are good enough.