If I find a motivated seller who is willing to take a 30% discount on his asking price (and let's assume his asking price is based on an appraisal), then it could still work even with 85% LTV, right?

I found a motivated seller wanting to sell their house at 1.1 M but the ARV with the houses around the area comes out to $950,640 my question is why the house estimated value says $110,630 when the houses around it have sold for so much with the similar sq.

(New to BP, motivated to get into RE).

That goes in the file with Distressed Properties and Motivated Sellers. 

An intro from a friend to a motivated buyer.

Anyone who is actually motivated to sell has a number in mind, and they know what their minimum price is.

Thank you so much everyone, really feeds to the motivation!

You'll get a lot of action, BUT for investors who want to save time & money I would just get a list where the owner is motivated & get a good skip tracing website & hammer out phone calls everyday.

Why didn't he/she teach you about finding off-market properties & finding motivated sellers?

I work FT, I'm a new mom, and these things keep me motivated!!!