That way you eliminate the competition and pay a fair price. 

You may be able to find a competitive loan product that is suitable for your needs.

I began investing in the coast, partially because I noticed a the lack of intensity and competition for prime real estate and the perceived future demand of saw assets.

7 - DOUBLE CLOSINGS (NOT "Simultaneous" closings) 8 - $1000 DEPOSIT (or $2000, if lots of competition) 9 - EMAIL your Offers in (NOT by fax!)

By spending more, you reduce the number of days on market, as there is little competition among other houses in the area.By reducing DOM, you increase ROI.

I agree with Kyle, the city does have a pretty bad name with out of towners, but that has always made the competition a lot lower for us that know the area.

The numbers I've seen are about 15 to 20% down at about 5% interest, which seems exceptionally competitive, maybe those numbers are pre-bust.

Figured I'd bump this thread to see if anyone happens to know of any lenders currently offering any competitive loan options on non-warrantable condos.

Just come clean up front, and let them know we have not seen it but my client wanted me to submit offer anyway, and if we are close on terms, we will go see property.To me, that's a very reasonable compromise.In the situation I mentioned above, we let both the agents know that their offers were competitive (they both were), and that the seller likely would consider the offer if the buyer had seen the property and could verify that was still the offer they wanted to submit.Neither agent was able (or neither buyer was willing) to go out to the property before the seller was to make a decision, and the seller just went with another offer.

Then I would analyze the competition for the keywords.