He's due that from the seller anyway and I dont know how desperate an agent would have to be to risk their license by trying to cut a client in to a deal.

Getting an offer accepted also depends on how desperate the asset managers are to get properties off their books.

Somehow you’re a wise investor if you get someone to sell you a house for 50% of what it’s worth because they’re desperate but you are greedy if you sell a house for slightly more than it’s worth.

Its one thing to put yourself in a position where you profit from putting real deals together from desperate sellers and buyers looking for bargains.

It hit me one day - if I'm in a position where I NEED to use precious metals as a "currency" then what I'm going to be using it for that I desperately need is food.

Place is unoccupied at the moment, city assessor's site lists it at 60k, other homes in the area have sold at that over the last 5 years.Say I buy the place for cash and replace the roof and paint the exterior (which it desperately needs).

Good points everyone - Jon, you touched on something that I think is desperately lacking in the education system, and that is practical "life" knowledge - this especially pertains to financial know-how, even stuff as simple as balancing a checkbook.

Many people do not know it exists and most agents will never see anything not on the MLS (a whole different discussion) They try and play it cool but you can see the desperation for an offer, that's when it comes.

I'm actually desperately in need of an LA-based mentor, particularly one who has a lot of experience with rehabs, estimating ARV, and using the BRRRR strategy. 

Now that rates are up and no one is refinancing, the call center refi jockeys are getting desperate to stay in business.