If all bidders don't assign a common value to the property, it's impossible for a single bidder to determine an optimal bid.

When I wrote the formula doesn't work here, I was referring to how our current market and lack of inventory makes it nearly impossible to apply it to properties in desirable areas off the MLS.

But anyone can say anything so it is next to impossible to verify.

Also, most short sales these days have resale restrictions of between 60 and 120 days, making it harder to wholesale.Not impossible, but definitely more difficult...

Super duper excited right...Problem is the City wants to do an inspection (things gurus leave out of their courses), and they are not going to give me two set of stamps for the A-B,B-C,(City workers words was that's a flip) which pretty much forces me to have to have to buy the property in an entity.Question: If an city requires a physical inspection of the property before they will stamp the deed, does that mean that double closings are impossible and I should only contract these properties with an entity?

Finding deals in Los Angeles seems to be almost impossible as the prices are too high and I wouldn't be able to cash flow.

It's impossible to get banks on a spec building unless there's a really good tenant, and even then it's tough.

That doesn't mean that an area with 20% MF vacancy would see 2% SF vacancy, but they are not usually the same number.The trouble is, it isn't easy finding SF vacancy rates, and there isn't a treasure trove of data on SF rental inventory and rental velocity (unlike MLS data for sales), so estimating the supply in months of availability would be nearly impossible with any degree of accuracy.

I ended up doing this but im just thinking that this is fraud.On top of this the note ballooned in just one year and the way it is structured has made it virtually impossible to refinance elsewhere.

These rates and terms are nearly impossible to achieve from a private lender.