If they reject an offer, which is rare, just submit a higher offer. 2.

There are many co-ops in NYC and I've heard plenty of stories about a co-op board rejecting a buyer because they thought they wouldn't be a "good fit" for the building.. these were celebrities usually who the board thought would be partying to much probably but basically any excuse will do other then race, sex etc...

You can make a lot of lowball offers, but expect that many will be rejected.

You make an offer, which they accept or reject.

If a home was listed at 120k, underbidding by 10k might be rejected, but it won't insult the seller either.  

We reject 95% of our deals.

They will accept or reject and they will also take care of the holder of the 3rd lien.  

If you want to do better than 20%, you may need to shop around and expect a high rejection rate. 

It can be done - - but if there's problems, you will hear "She said -- he said -- not my problem.I've had social cases too and it you're in the business a few years, you will hear more.You've got the perfect excuse, Bad Credit, so write the rejection letter and refer them to your CR reporting service from where you got the info.

For instance, will you be signing a single contract to take the entire package or can you structure it such that you have the option to reject certain properties based on inspections?