My wife and I our first time buyers.

Yes, there may be some depreciation in certain markets in the next 6 - 24 months but overall when interest rates decrease buyers are going to flood the market and prices will increase again. 

do you have a buyer lined up? 

It was bought at a public auction where nearly 200 properties were auctioned off one by one with an announcement that the first six will be sold absolute, meaning the successful buyer with the highest bid will be accepted.

Syracuse is poised to experience unprecedented growth, and though competing with other buyers is a pain right now, you have an advantage being right on the ground.

Most wholesalers either do an open house to their list or send property's out to their best buyers first to keep them happy. 

It is a great strategy if you are a buyer/investor. 

Tell the agent if he brings you a buyer for $XXXX,you'll pay him comission.

I put in an offer in a house after talk to the sellers agent she set the terms, we accepted all the terms them she add that the “seller” would not pay for the buyer commission (My wife is my agent, somehow she found out that).She asked for full price, no inspection, no contingencies?

Originally posted by @Dan Ashley:Hey all,First time home buyer and my dream is to purchase a multi-family, reno and house hack in North Brooklyn.