That means at a deep discount and at a price point where your profit is assured for your business model.It does not matter what the bank "wants" as a seller, only what they "get".

Some banks are more religious about their price drop schedules than others, but I can assure you none of them are taking offers at 80% of whatever they believe is market value at that point in time.Assuming you are in a seller's market, your chances of having a below market offer accepted on a listed property might be somewhere between 1 in 50 and 1 in 100.

I am hoping the ~$160,000 in combined W2 income (and no other debt) will provide lenders with the assurance they need to take less than 20% down...I have a friend in a similar financial position as us (although he makes the $160,000 and maybe more on his own) who managed to get an 80 (2.9%) - 10 (~5%) - 10 (down) on a condo in Boston's North End.Thanks everyone for your responses!

I assure you it is not as interesting as the investor side but an essential part of getting a real estate deal done.  

I can assure you I know where your real estate career is headed.....

Does HomeSearch.com offer any kind of assurances against clouded title or liens that could cause a bidder to "accidentally" pay off a large mechanics lien?

I can assure you, the contracts are going to be garbage, eye wash and marketing ploys, you can't circumvent uniform contract law, laws of agency, intent and ability to perform as a wholesaler as the gurus teach it! 

Being a real estate virtual assistant I can assure you of getting much desired help by BP community members and as a tip from me you can always search for flipping topics on forums and find all starred level home flippers here and ask them for guidelines and helpful tips.

This way (2) will provide assurances that you will achieve (1).

I assure you the topic is still pertinent today and more brazen.