Low offers in a less competitive range can work really well, especially if a home has been on the market a while and records show plenty of wiggle room. 

As properties get aged we do sometimes offer specials for applicants who are highly qualified, but only on certain properties and for specific reasons (aged unit, overpriced, lots of competition/for rent in the area, multifamily with a few of the same size for rent in the complex).

If you deliver outsized value your investors will provide introductions to their friends and you can grow more organically and graduate to other exemptions, control your deals more, lower your cost of equity capital, and have a fund construct that affords the opportunity to provide capital quickly to be more competitive on the buy-side for projects.  

What's up, everyone, I'm a complete novice who has been bitten by the real estate bug, igniting a serious interest in this business. I've been reading, analyzing properties, listening to podcasts, and talking to peopl...

What's known is that Miami market is doing well and if a seller needs to sell (yes, people are still experiencing life events motivating them to sell), a buyer can do well right now with much less competition and inexpensive credit.

While I've done light to medium rehabs on my long term rentals, this is a pretty heavy rehab for a BRRRR project.

@Aleejandro Dela Vega Sounds like a smart move if you can gain some type of competitive advantage.

Many things contribute to this but high on the list is conservative appraisal, not high cash out LTV, the competition for good candidate BRRRR properties is high so getting it with a lot of meat with respect to ARV is a challenge, labor costs are not cheap, etc.  

Less inventory + buyers still buying = competition for properties that are priced right for the market. 

Those looking for the most competitive rates almost always use Aaron Chapman with Security National.