Floor has a slight slope to it.3. laminate flooring was put in incorrectly 4. stress crack along with minor water damage on ceiling and walls5 new roof6. no appliances 7. the washer and dryer connections are in the kitchen8. has no central air (95%) of the houses in the area have it 9. need landscaping 10. gutters11. wall trim is in pieces12. some paint since im sticking to white ( very popular in the area)13. doors need replaced14. full remodel of the bathroomAlso the furnace and water heater are exposed in the bathroom (looks very weird) and it does have a garage or a basement but crawl space.

For example:Avg sales price of homes in area:                    $ 400,000Your offer would be 87% of $400,000:            $ 348,000Amount of debt and/or liens for clear title:       $ 250,000Subtract $250,000 from $348,000:                   $98,000Split 50/50 with homeowners:                           $49,000The homeowner walks away with cash without the debt of the home following him/herYou purchased the property at a $52,00 discount plus another $49,000 cash at closing.All you would need is a good RE Agent,and a title company that specialize in this type of deals, and of course cash and/or financing.

In Glendale I spend $3k remodeling a bathroom, in Lancaster I spend $3k remodeling a bathroom. 

My current plan is to connect with a motivated delinquent property owner who will accept a small payment to sign their property over to me and then market the property for a discount below current market value or allow the county to sell the property and collect the excess proceeds.

The positive side is that I get discounts on materials and some at a deep discount, but the negative side is that my yearly salary is on 25k..

I have bought timber ground in those areas and it took years to resell... just stick to your tried and true methods of buying deep discount.. check DOM for the area and don't over pay.

Get something that needs work and get a discount accordingly, then roll your sleaves up and put in some sweat equity.

Hello,My Name is Brian, and I was wondering if anyone could tell me the average investor discount in Chicago?

Some would hold the money and wait for the Real Estate crash which will happen sooner or later and have cash to buy up a lot of property at discount prices.  

From: new kitchen, gutted bathrooms, new floors, my gf fell in love.