The federal government and state of Colorado have numerous rules and laws to protect tenants and home buyers from being discriminated against.Here's a description of the Fair Housing Act from HUD's website: "...as amended, prohibits discrimination in the sale, rental, and financing of dwellings, and in other housing-related transactions, based on race, color, national origin, religion, sex, familial status (including children under the age of 18 living with parents or legal custodians, pregnant women, and people securing custody of children under the age of 18), and disability."

It is a bit of an advanced technique so it requires a lengthy explanation.

I appreciate the explanation!

@Ryan MancusoIf you're going to come in low, you better have a good explanation as to why the seller should consider your offer.

Yeah, I'd like an explanation of what this means too. 

Also, because of the excise tax when selling in WA it needs to be taken into account when doing the numbers.Average Cash Flow Per Door In Phoenix Metro Areahttps://www.biggerpockets.com/forums/600/topics/584916-average-cash-flow-per-door-in-phoenix-metro-areaIt is a bit of an advanced technique so it requires a lengthy explanation.

In my local market there are numerous 3% down conventional products for single family, 5% down conventional products for duplex, down payment assistance on more than 1 unit properties, tax credits, all kinds of programs that have other ways to benefit owner occupant buyers. 

So while there's a lap pool, gym, concierge, bocce court, and numerous other amenities, there's nary a tub in the place. . . unless you count the tubs in the dog spa.

The units I already own free and clear will produce a combined $500 in cash flow combined, after ALL expenses.Kerry is correct - ask them for an explanation. 

Foreclosure follows a timeline and you have different pressures and options depending on what choices the bank makes.Wholesaling a pre-foreclosure requires planning ahead and knowing your options in case scenario.As you can see, it is a bit of an advanced technique so it requires a lengthy explanation.