I am not afraid to ask questions to learn more and since lingo is apart of doing real estate its something that I need to know.

so, basically you are looking to buy a house that is worth a potential $170,000 for $85,000. i think the seller would see that as insulting. i understand that if you quickly wholesale it, you stand to make a good amount of money with minimal effort, which is the name of the game, but you also have to look at it from the sellers stand point. they want to walk away from the table with money in their hand too. loosing 50% on the deal is not what they are looking to do. i would offer the $102,000. its a big drop in the amount the sellers would like to get, but lets face it, a " motivated" seller has to understand there is a price for a quick sale. offer the house to your buyer at a decent price to them as well as making a little cash yourself. if you offer it to your buyer for $122,000, you walk away with $20,000 and they still get a house at a $50,000 deduction. everyone walks away happydon't be afraid to offer lower than asking price, but don't come across as greedy either

I'm not afraid of mobile homes at all In fact I kinda like them it's a shame that so many potentionally great homes are just sitting here decaying though 

@Jeff HaakIf it is a nice location and the owners are realistic, it should be a very easy sale :)  Rehabbers aren't afraid of anything.  

You can't be afraid of rehab.  

We are going to have an appointment with our bank to try to get the mortgage we are looking for but I'm afraid that they will say No as well can We try anyway or should we wait to work with the score to get it  higher? 

I'm using $15,000 and I'm scared because it took me a while to save that up and I'm afraid I won't be able to rent the place out.

I like using my 401k, because there won't be any unexpected withdrawals or deposits I'll need to explain.Don't be afraid to ask how much money they need to see, it will make the process easier for everyone.

Don't be afraid of asking questions and interacting in the forums.  

Also, never be afraid to reach out and ask questions on specific blog posts, people are very good at giving responses.