And when you hit that right "Discount/SALE" all hell breaks loose as most often several all rush to complete applications asap, or pre-app's, whatever. 

The above issues are extremely common with all properties I buy, but what I buy are pre-existing multifamily with some meat on the bone. 

Especially for pre-owned properties, be aware that properties with yields that are too high may be risky properties.

During this 10 day period, you can buy directly from the banks with a pre-approval letter and proof of funds.

As long as there is no pre-payment penalty you only pay the interest for as long as you have the loan.

If you plan on holding this property for less than 5 years, be aware of the Pre-payment penalties.

How do I get pre-qualified for a mortgage?

.- the topics I search on BP appear to all be pre/mid covid, and have some recovery discussions post Irma.

1st off NO, what if you have to evict, then you will get pre-payment for early withdrawal. 2nd so you want to profit on the tenants SD? 

I know way more multi-millionaires in the Bay Area who bought a long time ago and they started as middle class (not high earning tech workers, not physicians, etc) pre-2008, even back in the 1970s with low property taxes - they played the long game.