And check the trust deeds.You'll see the Beneficiaries (bank name) and loan amounts.Then figure out if the numbers look fishy.Keep in mind that the appraisers always use past soldsfor comps.

I figured that if I asked around here on BiggerPockets someone would fill me in on how this is done.

I figured that to low, given the fact that there is room for expansionCourse in today's environment finding a all cash buyer will be tough & a trade is not really doable unless of course the property trade is located in my neck of the woodsThankyou for your replySonny

They will figure out the value of the property.

So like the (awesome) book "Buying Real Estate Without Cash or Credit by Peter Conti & David Finkel" says, ask questions to figure out if they need it rather than asking directly.

The lender who quoted your figure was "raping you".

I'll be wholesaling until i get a capital up for putting up down payments, then i'll figure out what to do next.

Oregon eviction paperwork is easy enough to understand if you are capable of reading at the second grade level, so you should be able to figure out where you stand.

I think the best way to look at your deal is to figure the numbers out where the price you offer makes sense and then proceed accordingly. good luck!

My question is: How do I figure out a proper bid to make?