If you knew the reserve in advance you'd know the minimum the bank has set for the property to unload it.  

You`d think a bank would be anxious to have one less albatrosson it`s books, especially when a potential buyer is offering cash :shock: Is it just the nature of the banking bureacracy, or are they actually in no real hurry to unload a property they got stuck with?

Sometimes that means it's the worst house on the block, other times it means the bank want's to unload a decent looking property.

Brand your business so when someone has a house to unload they can think of you.I doubt out of town investors will be the real source of your business, nice to know of them, great to get info and connect, but don't let that consume your time or effort, your business is local. :)

For example, if you are a wholesaler looking for deal flow and you are talking with sellers, your elevator speech would be a short comment that you help sellers unload their house quickly without a having to market the property.If you are a first-time flipper talking to a potential private lender, you might say that you and your investors purchase homes fix them up, and resell them for a profit.

Took me 4 years to unload at a heavy loss.

I just got a call from a distressed owner who has a 2/1 in Loudon Tennessee that he's wanting to unload for 50k.

The machines would take the wall and optimize the cuts to get the most out if each piece of lumber, minimizing waste and material costs.

The seller needs it gone by the end of the year so if I have to spend another 45 days getting financing elsewhere, he'll just give it to the next guy who can pay cash(it's an off market deal that he'll have no problem unloading). 

The family sold it on line, there were thousands of them for sale at the time, for $1.00 just to unload the maintenance fees.When I get board at a resort I some times take their time share tour/sales pitch just to mess with them.