We submitted a low offer, expecting less competition......and, they accepted!

Competition is definitely lower as well as prices, but distance is usually a factor for most people.

If you are getting started, proximity will help you and you can gain a quick competitive advantage by learning your new market with a bunch of cash to deploy into it.

I've read the opinion letters prepared for my clients and I trust the opinion of a tax attorney over that of a 1031 intermediary pathetically trying to protect his business by bashing the competition.

Good investment focused agents spend the majority of their time finding good deals, giving you guidance on strategies, and making your offers competitive.

If you're going run of the mill with a 1400 mortgage on a 2 or 3 bedroom, you'll find extreme competition and most likely won't get booked.

Chase bank offers very competitive commercial rates, with minimal fees and a $500k minimum loan amount. 

Dodd Frank really helped big banks by, in the name of "helping consumers", added so many regulations on small banks and smaller lenders (basically big bank competition) that it hurt consumers.

Yes, Florida seems saturated, but in any market you're going to have to beat out the competition, whether that's FL or GA or CA or wherever. 

The unfortunately named Private Mortgage Insurance (PMI) is only available for conventional loans (Fannie, Freddie, etc.).Underwriting -- Private lending has gotten incredibly competitive.