I'm interested to see what you more experienced professionals think of this deal as its structured as well as being in the predicament of having our agent represent the seller ( as himself) and us as the buyers.

I have a 35 unit townhouse site that we entitled and will probably sell.

About a month later we had our meeting with our sponsor CPA.

Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)

My partner and I don’t necessarily want to part with that much of our funds.

Even if they could save 5-10% on that $800 bid, which is $40-$80, if it took more than 1-2 hours they'd be losing money doing it because their time is worth at least $40/hour.In our opinion, it really depends on the level of urgency and the size of the bid.The more urgency, like no hot water, the less time the PMC has to get multiple bids.The bigger the bid, the more likely it is an owner should expect multiple bids.An owner has to be realistic, understand and accept these limitations. 

So I do currently have income from my rental properties, however it isnt enough to cover our current costs over here for the next 6 months.

Our big cost is the mortgage interest, which is 8.3% on approximately $360,000, last year our mortgage interest was about $25,000.

The funds that we have are sitting outside of our retirement accounts

100% worth it to post on Furnished Finder, but you need to make sure that you understand it is not a booking site.