Hi @Theo Oster, I'm not as seasoned of a flipper as I'd like to be but I do run a local group in the area full of investors who are more seasoned than I am.

If you could pick them up at 60-65% ARV (seller carry lenders typically don't have robust notes and deeds of trust, servicing notes, and pay histories) and work with the borrow to refinance at or near a full payoff, you'd make a killing.

Now my bank said I have the option of paying for a full appraisal to get a more accurate value.

He's a seasoned investor, rehabber, and full-time agent.

Should we have given him full asking?

I'm already looking ahead to my next flip.For the first one I was working full-time at a bank, and didn't have the time to organize it 100% by myself, so I hired a GC.  

@Michael OsorioHere in Allegheny County in PA, you have to have 10% of the full amount of your winning bid on you in cash or cashier's checks on the day of the sale, which is always Monday.

I got an opportunity to work as a custodian part time at non profit close to home then began to work my way up to full time employment with the ultimate goal of getting my hands on a stable income and benefits plan for myself and began working on my road to returning to education and financial freedom.

Full agreement with videoing everything.

It may be for a down payment or a full loan.