One document saved a $200K deal for me so that may sway my opinion.

The only option B of A gave them was to fax, no email.

Got 4 bids-$1.4 million$1.5 million$1.8 million$3.3 millionI shot the guy at 3.3 an email saying I think you might have a typo or calculation error, all the other bids were in the 1.4-1.8 range.

The issue was just one of a missing document in the title chain.

I hope you have plenty of documentation of the condition of the house.

You will receive an email with directions on how to set up your account with us.

first thing you need to do is get the owners permission to enter the house. this can be done via email, snail mail or whatever. enter the house either with a key the owner has sent you or break in, provided you have the owners permission. the most important thing here is that the bank my have a vested intrest in the house. if it has been foreclosed on, the bank is the owner and the only owner. banks have been dropping their intrests in houses recently if it doesn;t make sense to hold on to it. when they do this, the usually file a release of lein with the county or register of deeds. if this has happened, the original owner now owns the place and you can buy directly from him. check things out first. good luck

That said, if you sign an option document - the bank isn't going to know, right?

In this business, time is your enemy.Those that are successful in selling without an agent do a lot of marketing for buyers and have a big list that they can email when a property is ready to sell.

I will likely do a post of my progress after I do my first flip here and document my challenges and advantages.