If you can come up with the money to put down, (bring past due payments current) a great lead source is pre-foreclosure owners.

Those 2nd opinions can guide you on whether to continue following your agents lead or pivoting to what you believe. 60 days without an offer can be nerve wracking if you need to sell but, in a lot of markets, is not unusual.

We get leads like this because we are in front of people EXACTLY when they need us.This lead was a "bad " lead by any and all standards.The seller purchased the house in 2007, and it  was in good shape, just dirty.So this lead would just be a "waste of time" red flag.

He could make a (reasonable) case that things out of his control lead to delays.

If there is a redemption period, someone reselling the property would have no affect on this, and their redemption price would be the price at the foreclosure auction, not a subsequent sale price.I can’t see double wholesale on a REO working out very often.

You might find that learning from local investors face to face leads you to invest right there in California without having to go out of state. 

Hi BP - wanted to hear some thoughts from everyone's creative minds on this: I am in the Richmond VA market and one of my off market leads is a person who is letting a home go into foreclosure. 

He paid $1B in taxes and many real people lost their homes and subsequently jobs.    

Lead paint?

This is only a guide that could help someone else in a similar position as me.Through this post and subsequent topics I will go through a property that I flipped.