Originally posted by @Simon Y Kim:Hey BP community,I am getting outbid on on-market properties in the Pierce County, WA area, particularly in Tacoma and Spanaway. 

I just wish a discussion of the real world merits of the strategy was possible, but it's not because we have to compare it to just putting your extra money toward the mortgage and putting your extra money into investments and rubbing your money on a butterfly's wings and drawing smiley faces on it while listening to Neil Simon records and everything else we can think of.

@Sven Simon First, keep in mind that every broker has the right to negotiate their own fee/commission structure.

@Simon Ruiz  yes I have 200 case studies and well 15 years experience at the street level at this and over 2,000 transactions to fall back on .. 

@Simon Chan Hi Simon, no specific areas yet, still learning the ropes and curious to analyze various markets myself to see how the numbers look before setting my focus on one.

Quote from @Robin Simon: Yes, there are some DSCR Lenders that will lend to foreign nationals, often with LTV restrictions and some liquid asset/credit requirements.PS - check out this article on BP - 8 More Commonly Asked Questions and Answers to DSCR Loans where this exact question is covered!

Quote from @Robin Simon: Do you have more details on credit - is it mediocre or truly subprime (like sub-600)?