If the inventory is low or priced high this may be the best that you can get.

Adam, we are wicked low in inventory of SFR out here in Los Angeles also.

Offer the $101k as $2k makes little difference in the grand scheme of things.Second point: The ask price is $125,000 and in my experience in our current tight inventory markets, if you do not have an offer at or above 80% of the ask price, don't even expect to get a response let alone an accepted offer or counter. 85% or better will get you in the door.

I grew up in the Minnesota (North Branch) and hate mosquitoes so I left :) Like Phil C. said, I've heard inventory is pretty low.

She says there is NO inventory for any kind of flipping.

In this current market, rare are that deals that would qualify for the 10% as acquisition costs are higher right now due to low inventories in our market and at 10% down it is tough to stay under 65% LTV.

Rolanda Eldridge The inventory has taken a hard hit here in Houston from the Hedge Funds buying up the REOs.

Inventories are really dry here too, I'm hoping it's just a temporary lull.

The inventory around here is pretty dry right now for REO properties so I've been watching the foreclosure and tax deed sales, but the foreclosure auctions haven't been going for the type of discount I like.

As long as funds are available and inventory warrants, there is no limit to the number of Cells you might have