They are unlikely to be in good areas, so you won't get the expect ROI results.There are several lenders that will fund acquisition+rehab transactions based upon the After-Repaired-Value (ARV). 

My interest was piqued here on Bigger Pockets podcast #2.

It's great to have you here.Here are some recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/m...Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/a...Read Beginner’s Guide: http://www.biggerpockets.com/r...Check out BP Money Podcast: https://www.biggerpockets.com/..Wishing you the best

So, that shrewd bidder got it for the lower price.With regard to deposits, the deposit in my market is based on the price of the winning bid. 

HI Shirley, I am based in Seattle WA.

DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.

Based on this information alone, I couldn't imagine investing in Dallas.

Hello Michael,I've created a target market evaluation worksheet based on a few markets within Metro Detroit to see what would fit my needs best.

I am fairly new here, I started looking into BP and listening to the podcasts when I was purchasing my first property last year.

DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.