Buyers agent and their lender submitted to FHA for case # without consulting us prior to inform us of the issue.

Not sure if some people would not like seeing that their house will eventually be for sale on the same website that they are submitting to sell.

Usually They will send you a sanitized list (no adresses) and if you are interested they will ask for a LOI and a proof of fund, then you can submit your offer.

That process not only takes a lot of time (submitting plans, plan check, building, inspections, final approvals) it also costs much more than the $4500 they quoted.In summary, just another overly dramatic show with few details and glorified profits.

Most investors opt to submit a LOI (letter of intent) before submitting a formal agreement to purchase when dealing with commercial.LOIs are pretty basic and can save you a lot of time vs jumping right into a PA.

If so you can submit 3-6 comps, a repair estimate from a contractor and that will increase your odds (although they are still low).In my opinion, you are better offer starting with better priced properties then focusing on this particular one.

I've decided I'm done looking on the MLS and submitting offers at or around 50-60% of the list price.

I was told I should be using income in the last 6 months to run the NOI and use the market cap rate to find the Purchase price...Its vacant and in need of work - What should I submit the offer for ?

Upon completion of the report please submit it and an invoice in a PDF format and I will submit that to our Accounts Payable.

- Any other relevant information that would be relevant to due diligenceThe more details you can provide, the easier it will be for us to submit an offer.Please respond via email for the timing being as we're currently looking at many properties.We look forward to reviewing the above information and will contact you if we have further questions.Best Regards,Darren XXXXXXXXXXXXXXX Inc.