However I think you'll find they are fairly unwilling to lend to the guy with no job at all and never flipped a house before.

What happens if he becomes unable/unwilling to invest in improvements that you believe are necessary?  

Being unwilling to take $55K for a property that's arguably worth about $80K as-is seems quite reasonable to me. 

Apparently they were unable or unwilling to open bank accounts, so it was easier for them to give us the entire sum up front.I do agree, they have been the least troublesome.

@Clint Cook Hopefully, @Simon Campbell was able to clarify my comments.A scenario might be the following:You find a distressed property that could be worth $200K if all fixed up, but needs $20K worth of work that the seller is unwilling or unable to do, but just wants to get rid of the place and he has a good equity position--let's say his current mortgage has $100K left on it.You offer him $130K for the property on a Sub2 and at an interest rate that will cover his current payment (maybe plus a little) that you will refinance in 1 year to get rid of his mortgage and put $30K in his pocket.

The problem I see the most when interviewing Realtors are the old school traditional agents who are stuck in their process that doesn't really work and they are unwilling to change to a way that does work and would make them way more in commissions.

If you're unwilling to fly from Hong Kong to GA to have a look, don't buy.

Plenty of people making plenty of money but are unwilling to save for a down payment as they could if they wanted to.

He will still have to deal with Chase and Beneficial, but there's enough equity he can sell and pay them off and still get his money.If the third is unwilling to start the foreclosure, the owner has little motivation to do anything.If the third is willing to take action, you could offer the seller to help them sell the house and get enough cash to pay everyone off.

However, bidding higher would result in me bidding against myself since all the other bidders can't qualify, their banks won't fund or the bidders are unwilling to take the risk that I am.