And you don't have to use the hard money if you have the cash they will just take a bidders fee.So what this has done in our market has created massive competition because their target market is newbies.... lots of people with good credit and 50k who want to get rich buying forclsoures.. at the end of the day people will have different experinces with these from losing money.. to breaking even to make some money.. but no real big hits.. they market to these folks showing them a % return on the 20% down they make .. so if they can make 20% return or better on the down payment then people go for it..

Don't think you can rationalize paying credit card APRs with this strategy and end up ahead.You can get significantly and consistently better returns from your investments than you will lose through depreciation.

Perhaps you just posted now, and she became verified much earlier, but every day that property stays vacant you lose money.I realize that I sound harsh. 

If you take matters into your own hands you could lose you case, you could lose everything you own, you could receive jail time, and more importantly you could lose your life.

If you decide to fill in the pool, you will lose the value that pool provides - that could easily be $20k - $50k, depending on the condition of the pool and the neighborhood you bought in.

The idea while good in theory that some might "stick" surely means losing support of realtors over time:- In the 1st place it means a lot of extra work they may not need nor want, -In the 2nd place, many if not most of these offers will probably need re-negotiating of price and no doubt subsequent failure of the contract.

The consequences are weighed and some win and some lose.

Use an option contract so that if you cant find a buyer you dont lose a pile of money hereTo your successJosh

Also I think it's a great idea you wrote him a letter sometimes its just that easy and what do you have to lose, I think if more people would get out there and take action like you they could make things happen, ok ill get off my soap box now.

I plan to go full time once my rental properties put out enough cash flow so I don't have much to lose!