Buying with cash, particularly if it is on a discount, allows you to use that cash on an unlimited number of houses...and in the end, you never have to actually spend it.  

Existing mortgages are the seller's problem, not mine.It's probably not enough of a discount to make a decent assignment fee for an investor buyer.

I think he said my paint was about $30 per gallon with his discount.

I negotiate with the lender a discounted price for the remaining balance of the loan,once that figure is agreed upon, sell the property to the new buyer.

Anytime I acquire a property at a HUGE discount, I get a waiver signed from the seller at closing stating they are aware of below than market value but it's in their best interest due to either time constraints , condition of property, or impeding situation such as foreclosureJust another paper trail to CYOA

Only benefit I see is to join at a base level to get the discount on Credit screening.

I feel that disclosing FMV and offering to list it ALONG with offering to buy it at a discount is as open as possible.

If the seller has authority to sell the home and it's underwater, you may be able to pick it up at a discount.

But I was wanting to walk away with 90k or atleast some acknowledgment of a willing discount .

Hi All,I purchased a distressed property where I was able to get a good discount on due to condition.One of the issues in the house is the house has two major roof leaks, that caused the ceilings to collapse in a bedroom and a bathroom.I've had a roofing contractor come in, and he would fix the source of the leaks on the roof.