You'll get lots of bids from different cleaners once you post an offer with your house details (size, number of bedrooms, bathrooms, location, etc).

Wholesalers send deals but 20 other investors are bidding for smaller margins.

Us bank played trustee and guarantor in sham of a foreclosure where they could not prove they were a PETE  and had been hit with their 4 the ftc sanction FOR stealing homes, used hole in the wall attorneys in Bellingham using typos in name and address to not get flagged for too many foreclosure by the courts, Windermere stellar real estate who say outside of my home waiting to lock me out despite supreme court stay on their theft, judge Lewis who signed every Forged/inaccurate/misleading  paper they put through AND denied my restraining order of the real estate company staying called them to see if they were harassing me and they Said no so denied temp and all together day in court altogether plus put a no Bail hold on me after looking my arrest for trespassing even though was taken out of his jurisdiction and in federal court staying paperwork not filed correctly then laughing saying I didn't know why You're here is in supreme court when I got out of jail and made it to court hearing, the assessor for king county who was on third foreclosure company because feds kept shutting them down so opened new one in different name, every process server was at least 200 miles from me and each one different for each document never served to me but judge Lewis signed them anyways(one was supposedly served to me 3 months before case was even filed), Vancouver Police department who had no jurisdiction on the civil matter that arrested me and gave my house keys to the realtor that was sitting outside waiting, and finally to the site veteran that they used to sign in all three places to transfer title and get veterans protection for title after 2 illegal auctions, one public one private, where they were only bidders and opening bid was above value of house, paperwork stated was bought by lsf8 AGAIN!!! 

Checking title before bidding is on the 1st page of Foreclosure Buying 101.   

@Derek MorrisonHow close are your offers to winning bids? 

Just from my limited looking at auctions I dont believe you get a ton of time between "winning" the bid and when you have to pony up the cash.

All estimated costs are included, as well as estimates for purchase price (if they think you'll have to bid above asking or can get it for less, etc.), down payment and closing costs, repairs if/any, furnishings, appliances, and adding or changing existing layout including egress windows, closets, flooring, paint, etc.

Even bids exceeding the asking price by 30-50k aren't enough, as others are bidding significantly higher, sometimes up to 80-100k above asking.

.- Adjusted Purchase Price/ Max Bid: $210,840.80- I start with the 1% rule (thus why I start the analysis by looking at rent) and then adjust the price based on the potential pay-out from a cash-out refi and equity position on the property- more on this in a second. - Potential Investor payout (15%): $242,466 - Rehab total: $76,480.00- I just used $40/ sqft for an estimate.

That is something that will be in the bid, and for the rehab you'll have to do everything top down.