I was waiting for my realtor by the way not really happy with him, keeps bragging how he wins i multiple offer situations.

So in the event we do win we are supposed to have a 7 day period to get out if it looks too costly.

Not having money to investigate further will not win their case in court.Having said that if there was an item not generally seen from basic examination that the seller was trying to cover up and not disclose that was discovered later after purchase the buyer might have recourse against the seller.Basically do not cut corners on rehab and keep great pictures and records, permits, etc. as proof the work was completed correctly.

I did bid on a couple of residential vacant land in Urban area.I use Land use code and lien face value range to filter all properties I like.After putting together a list, I start doing research one by one by using county office website, google maps, Zillow and EPA website.I bid at 5-8% for first three batches but got nothing because winners for properties I bid on are at 2%-4%, some even 1%.I adjusted my bidding rate for later batches.I won 8 bids in total. 7 of them are properties with house on it at low rate. 1 of them is residential vacant land at higher rate.I made payment for all my winning bids on the day of results.waiting for tax lien certificate.....Hope this is helpful to other newbies.

He bounced around while the five at each table did some group thinking.The object of the game was to maximize the number of moves (because winning wasn't going to happen).

If you can turn 5k into 15k AND learn your local flip scene, I'd call it a win.

Can you guys define what they are and at what juncture in the "Cooperative Assignment" processed will they be utilized.Also, if process is done correctly, and to the satisfaction of "Tenant Seller" and "Tenant Buyer"...A Win Win...at what point can I bank my earnings for time and effort for putting deal together?

Buying a "higher crap rate" or instant cash flow does not mean you are buying wise.

Just curious - where does the 176 mil win probability come from?

I agree with others, turning your back on a winning formula out of boredom is stupid.