Wholesaling without money is possible, but so is winning the jackpot every single day.

Big win for Johnny!

They only needed a roof and new asphalt...no floors falling in or electrical or plumbing, what a win! 

Typically they are the bigger players in the market and charge a premium.

@Bob Galivan  - great points. a) POS can eat your estimated buy in for sure unless you are well cash capitalized on the buy side b) spot on c) very good guidance, especially for 1st timers or out of state players d) AND EVEN WITH inspections....you easily add a $10-25K repair tab turkey bomb expense to your portfolio.  

As I was cold calling leads from my pre-foreclosure list I stumbled upon an investor that has multiple properties in my area. We briefly spoke for about 2-3 minutes and she gave me the addresses of the properties that...

So, whether you are looking to buy and hold or Flip, the bigger wins are in these locations. 3rd, Most people aren't aware that half of the National Harbor sit in Oxon Hill. 

People were doing this as a way to win bidding wars, but nowadays with price reductions and buyer financing contingency cancellations, you can try to leverage your "sure thing" cash offer to get a discount on the property.

You won't win ever deal with those, but maybe you get lucky....hit the right house at the right time.Also with the DPA programs normally I say you need to be prepared to stay in the home 5 years or more as often they have a time limit for the money to be used....sometimes they are a 2nd loan that goes away at 20% a year, so you need to stay 5 years to take full advantage of it, or you will have to repay it. 

I fully understand, that how blunt I am and direct won't win me the popularity contest (and I don't give a crap), but those that can really see my messages, those people get value from the TRUTH I am throwing out there.No why don't you appologize to Dom, and make up?