I see lots of these people have website claiming they can supply properties at 30%, 40%, or more discount.

What you're "selling" is your position in the purchase contract - nothing more.Sounds to me like what OpenDoor is doing amounts to what the short sale flippers were doing during and after the crash: getting ownership of a property at a discounted price, then reselling it without making capital improvements, even though they use property condition and needed repairs to justify their offer, yet they (attempt to) resell the property without making repairs, as Chris noted in his observations of the comments left by those who have had dealings with them.If a seller is sufficiently motivated, that market can sometimes be easily exploited.Having financial backing can allow them to hold properties for the prescribed "seasoning" periods.

If you can buy a property in cash, you're golden and will likely get a steep discount, we normally get 30-40% off list price.    

If you just discount the increase you'll never lose money the years the market doesn't support increases.I give discounted rent for the month of December.  

@Siyu Zheng - Why did you offer with no contingencies if you are not getting a deep discount?

Cash Flow / Pricing Discount Possibility Expectations?

However, I do get a discount fro m my agent.

Most FSBOs attract investors looking for deep discounts.

Doing the work yourself will take longer, you won't be able to buy supplies at contractor discounts, and the longer you take to get the work done the longer you have carrying costs without rent money to cover it.

That being said, you're still willing to offer them a steep discount over current market rates.