For the first loan the bank has to take the "Niederstwertprinzip" in account, that means, even if you buy at a huge discount, the bank can not appraise the property higher than your purchase price for that loan.

As much as 50% discount from replacement cost, so there is that "spring" built into values, just a matter of time until that factor pulls prices up, question is how long. 

Give it a shot, but if you come up empty or have to sell at a discount, it still makes your life better and you're doing great financially. 

its very hard to get an REO in a decent price in nyc. since the property was occupied, we got this in a discount. we succeed to make a deal with the tenants and got it fixed % sold.

We ARE a chapter of National REIA, so joining gets the paint discount, cabinet program, and rebate - as well as access to all the other national vendor perks and programs.We're in process of getting local vendors and sponsors lined up as we move forward.Starting in September, meetings will take place in the evening on the 3rd Thursday of each month, 5-9pm, food and non-alcoholic refreshments provided (buy your own booze). 

Buy a note with a interest rate similar to the seller financed note at a large discount due to the relatively low interest rate and long term - and “substitute” this note for the seller financed note.

I think you're going to have to resign yourself to the loss.FB Marketplace is a cess pool; you're not going to get any serious buyers there, certainly not ones that wouldn't expect some hefty discount.

Even gave me a big discount.

I've got a deep discount on a truly passive STR.I've got a lead on a deal that can be purchased almost $100k under list price given the circumstances.

Discount manager = discount services.