With my and wife and I both being extremely CDO (i.e., that’s OCD in alphabetical order, in case you were wondering), I was at our property several times a week picking up trash outside, waving and saying how to our tenants that would pass by and asking them if they needed anything.

I've seen my buyers waive contingencies pretty frequently in San Francisco, simply because that market is extremely competitive and the DOM are fast.

As long as the roof has enough life you can be fine with 3-5k to start in my opinion. 10k is also extremely high for closing costs on a conventional loan...

This is extremely thorough!

You need to be EXTREMELY thorough in your DD, do not take those numbers at face value.Let me know if I can help!

At this point, I can't get enough of bigger pockets and spend an enormous amount of time just reading through the post and responses.It fun and extremely useful.

I feeling extremely uncomfortable with the situation, as is my escrow.

Some of the scammers are extremely slick.Obviously, finding lenders one-by-one at a real estate club is not as efficient at locating them in bulk online.

The problem is every lead I come across is either a) very cheap but extremely run down and maybe in a not very good part of town that would be hard to market and take a large amount of capital to fix up or b) nice and has tenants already in it (turn key type which is ideal scenario) but the owner is asking way too much for it to cash flow.I'm not frustrated to the point where I am going to stop.

We are in a extremely competitive market on Long Island, NY (the current house under contract had over 15 offers on it) and would likely be willing to wait if Wells Fargo needs to foreclose on the trust to clear the title.PS: My lawyer has been in contact with 3 large title insurers and they have declined to give title insurance until this issue is clarified.