***SPECIAL INCENTIVES: 1) Buyer will receive a purchase credit of either $1,000 or 3% of the final price at time of successful closing (whichever is less). 2) Buyer will receive a $600 home improvement gift card approximately 4-6 weeks after the successful close of the purchase transaction. 3) Buyer's Agent will receive an additional 1% commission based on the winning bid amount at time of successful closing (minimum of $400 additional commission).My question is 1.) is the bank making these incentives for the buyer or 2.) is this a wholesaled house?

More knowledge and inspired action based on the knowledge here on BP is a winning combination.

She is starting the HAMP process and she is planning on giving me a lease option when it is complete, I will then sublease the house creating a win, win situation.My question to the BP community,Is the HAMP the best option or would conducting a short sale be better? 

If expenses increase to the point that it makes more sense to sell even at or just above the original acquisition cost....again who cares I still win for the years of positive cash flow I got out of it.  

@Rafael NoratJust finished Rich Dad Poor Dad, working on How to Win Friends and Influence People and Think and Grow Rich.

In comparing previous years certs, I've found that many of the winning bidders are large corporations. 

It is a numbers game, and you need to play the numbers to win.

I have a question if I buy a home with a great discount why can't I owner financing then sell the mortgage provided I get a good discount on the home I understand that I may not get full price for the mortgage but if I sell at 70% of value and got home at 50% isn't it a win.

If I win this property, can the mortgage lender come after me to pay the mortgage cosndiering they are plaintiff for this foreclosure?

If the spread of the cash buyer to the financed buyer is small then usually the cash buyer wins.