In fact we have several agents that we work with that have become the "Short Pay King/Queen" in their prospective areas.

From what I've read cashflow is king.

If we can get those as well we will own almost 75% of the street and be the "King and Queen" of the neighborhod!

Whether you say ethics or any other BS in the real world these REO kings and queens have a list of buyers ready to purchase with cash where the REO broker can double end a deal.If the offer is close to what the asset manager wants then the bank doesn't care about double ending.How you level the playing field is to tell the listing agent they can keep all the commission so they will push your offer with all things being equal.It is a classic mistake I see brokers and agents make time and again.The REO broker is only getting a tiny fee on their side and having to cover a bunch of costs listing the REO so getting the other side is huge for them.If you are flipping you will save the commission on the sell side as an agent and you can put 4% co-op to get buyers agents in droves and still save 2%.The price has to be competitive and the rehab quality for the area as always.You can't just offer a higher co-op and then list high to compensate for it.That is another classic seller mistake.good luck

There's definitely money to be made.If you are looking to do lease option flips (not straight wholesaling), I would look at Adam King's stuff, google [REMOVED].

I agree with Marv that the way you approach sellers (from the marketing through the close), will dictate the way the sellers respond to you.In addition to Joe McCall, I also like Joe Crump & Adam King's approaches.Now go make some money,Jay von Mohr

Sure, i was planning to finance, but cash is king.

I wanted to finance and make it a "Lonnie Deal," but cash is king (advertised at $5500 cash.

You can get a Waste King disposer from Amazon for $60.

Might as well ask an ant to figure population figures down under in 30 years' time.CASHFLOW is king, in my opinion.