Will he celebrate your wins or come back wanting more of your next deal for the next level up?

Landlordology website for the win.  

Take the big win and reinvest.

Willing to take a cheaper deal and refi out of the ARM later and hoping they win the bet and the rates are lower. 

Here in Wisconsin, most counties require 10% down in cash or cashiers check right after you win the auction.

If I ever need the cash back in my checking account I can transfer it from my margin account to the checking account instantly and then create the negative margin balance again. 

Guaranteeed.If you really want this house, the only realistic route to success is:1) Move someplace cheaper2) Save3) Increase your income4) Buy the house at full market value when you can actually afford itShort of that, I suppose you could always win the lottery or just put it on a credit card.

Quote from @Kristofer Mendoza: I buy model leasebacks at every opportunity and it has proven a lucrative strategy for meUsually how should the offer be to win a bid for such scenarios?

Honestly, we are quite lenient with our deposits (probably ought to be more strict), but this stratergy seems like a win-win in many cases.

Making my inventory turn take 3 times as long in order to make it 25% more profitable is not a winning strategy Frankly I don't let taxes worry me much.