What am I doing wrong because i'm tired of seeing these potential deals amount to nothing because of auction dates approaching so quickly.

Speculation is still a valid, if risky, investment approach.

I am not selling with an agent, but I would not mind if a buyers agent came and brought a buyer, I would pay the normal 3% to them for that.My main question meant everything besides commission.

It all depends on the size of the bank.A local bank with real people in their REO office are definitely approachable.

Fast buck approaches rarely work well in great cashflow cities.Tim

The difference in value is the trust that we place in one another that goods, work, ingenuity, creativity, or intelligence will be brought to the negotiation table.

Shiller (Case-Shiller fame) said Dallas largely missed the bubble so he is not expecting much of a price correction is most of TX, Dallas included.What brought you to RE?

Bringing up a very old thread here..but was looking for answers on this and see that the topic was already brought up once.

Most will submit one or two leads that are regergetated from an MLS listing.With that said though, I have closed ONE wholesale deal from a lead brought to me through the system, so it has paid off.

What you say makes a lot of sense.There are so many nuances as to how to get into REI I think your fairly simple approach should work well and give me time to do the research as I ease into this.