Often times we're buying property where either there is no buyer competition or the property is not for sale.

Basically, if I put an offer in now, would there still be all of this paperwork and would the bank still require it to be listed at a market price to promote competition in their best interest?

I fear that this type of question is one of those trade secrets that people might not be willing to share, like a competitive advantage.I look forward to your response.Thanks

That also means quality housing going with FHA.Brian, I know you deal with nicer homes, loving the better schools as a competitive advantage, that's a good way to go.While you don't have a question and asked for a comment, it's an opportunity to say that conventional financing programs are the keys to the doors in residential housing.Installment contracts must begin with conventional loans in mind, the ultimate goal is getting a buyer to meet lending requirements.

Since you're getting into wholesaling, here's a blog post I wrote on how to stand out as a wholesaler:http://www.biggerpockets.com/blogs/4430/blog_posts/32194-attention-wholesalers-2-ways-to-stand-out-from-your-competition

In 2008 all my deals were from MLS, but today they come thru many sources....2014 brings multiple offers whereas before there was literally no competition....

So that is why we concentrate on marketing directly to NON-Listed preforeclosures.....there is not much competition!

People always talk about there being too much competition for REOs, but these listings will not be getting much activity - because they are over priced.

The key for success on those properties is to spend 3k-5k extra and make them better than the competition... 

They are also (unsurprisingly) the homes with the highest demand and most competition.