I’m going to finish by saying that it is something that reminds me of what my Polish grandparents went through and talked about on what happened with their real estate after World War II, when communism took over.

With the prices going up and numerous sellers asking for offers to even show them, it was a struggle.

Keep in mind that the overfunded annual premiums do not equal the cash value in the policy until about year 4.These policies, when brokered and designed properly, are backed by life insurance companies that have paid consistent annual dividends since as far back as the Civil War days with no bail outs along the way.You never have to pay the policy loans back on the cash value while you are alive.

I have numerous rentals in Lawrence, BUT it has pockets.

Expect to see far more cash buyers for these situations, and (more than likely) far fewer bidding wars as the new pricing adjustments raise rates and costs.

It never ceases to amaze me how many fast closings require extensions which isn't fair to the seller, and I've seen numerous sellers deny those extensions.

Appreciate any and all advice, my Realtor and I are about to give up on putting in any more offers as the bidding wars are very quickly eating up all our cashflow on anything we can find these days.

I have talked with numerous Real Estate agents and they all seem to have never faced anything like this.

Any junk house on market has a bidding war, why would anyone sell to a wholesaler right now.

So instead of getting in a bidding war with 20 people, look for the off-market deals.