Hey @Ron Yang welcome to BiggerPockets!

So, you have more buyers and an easier sale. Hence

@Mark Updegraff Mark your story is the exact reason I went from one of the top 5 buyers of courthouse step properties in Portland Or. to being a Hard money lender.last Auction I was at. opening bid 80k 40 year old 3 and 2 rancher. value 180k15k rehab.. ended up selling at 140ish if memory serves.The low bid is what brought out all the bidders. on the West coast ( I know it varies in each market) you need to have Cashiers checks for the amount you want to bid. and you must qualify ( IE present them to the crier before the sale) he or she takes down your name and so on.31 people qualified on that one house.

@Leon Yang , the sellers are very vague on what they are looking for so I am trying not to offend them with the opening offer but I think they would entertain any starting offer so I might consider that as a starting point.  

@Leon Yang , I've already refi-ed my SF condo, I'm on an 5/1 ARM at 2.75% that goes adjustable (LIBOR + 2.50%) in 2017.  

Originally posted by @Michael Saleh Azab:more info on section 8 needed in Richmond Virginia ?! 

By letting it go to tax sale he probably wouldn't be able to sell the property for 4-5 years.

He essentially finds rehab homes, mainly foreclosure properties, connects you with his hard money lender (20% down, 2 points, 10% interest), connects you with one of his contractors, and then will list the property for sale. He

@Steve Yang @Dotan CooperBe very careful with section 8 in Indianapolis.

@Steve Yang..Did you find what you were looking for yet?