A lot of posts here about not offering a deposit, just to be clear, that will likely not work if your offers are on REO or short sales, banks will not accept them typically.As to the OG question, I have a question back . . .

There should already be something recorded (a deed of some sort) for the change in ownership from the foreclosed borrower to the lender shortly after the foreclosure.

Due to a short sale on my credit report, I'm not eligible for conventional financing.

This is a walkout on the long back side, and could be walkout on the driveway short side.

I'll have both 2 years seasoning on my short sale and 6+ months on my rentals to switch them over.

This is a short sale listed on zillow.

I anticipate some short term unhappiness, but that is equivalent to adding about 1.5 1BR units to a 6plex.

The big question... is this a short term competitive market, or will things get back to normal again sometime soon?

He predicted that I'd be making more money than he does in just a few short years.

:)A couple years ago when cash buyers were in short supply, cash offers warranted significant discounts.