I ended up driving by and looking it up.Vanderbilt was not an area of Nashville I understood or played in.

If I understood their interests better it would help. 

I then understood why some brokers take app fees but I still wouldn't do it. 

In commercial, it is typically understood that actual numbers are going to be expected before an offer is given.

This is not going to fly with the bank, and if properly understood, it is probably not going to fly with the private lenders.

In our arena, what one would have to defraud someone by making them believe your stopping the foreclosure process without selling their home, but in reality they are selling it.However in the case of making an offer on a home that is well below market value, no where in the law have I found that it outlines or implies that paying well below market value on a property, with or without improvements after the fact, then selling it for more than you paid, is equity stripping.If someone makes a offer, the owner accepts, and you both use a standard real estate purchase agreement, then do a standard closing, even if you do a double closing and sell it for a hell of a lot more 30 minutes later or 5 years later, that's not equity stripping, as the seller fully understood they where selling the property.

I look at BRRRR it as three equally important parts that each need to be understood to succeed.33%-Buying the right property and understanding rehab costs/timelines33%-Understanding your rental market and successfully renting/managing the asset after rehab is complete.

@Robert FieldsYour thinking is off if I understood you correctly.

@John Thedford, understood. 

understood Ty