Step up your game, adjust your business model and be glad that the bursting of the bubble has forced a lot of dumb investors out of the market.

BTW, there's been nearly 20 offers submitted now, and of those less than half have already been played out with no deal....I was actually surprised how fast one in particular responded with counters each time, but speed meant nothing when the best I got after 4 attempts was $33k off of $368k list price....for a house with an after repair value of $380k needing about $50k in repairs alone.

I am finally ready to jump into the game.

but the seller can always counter or just downright reject it.as for your offer(s) - as a wholesaler, you're going to have to play the numbers and put offers on properties that you at least can acheive one of the following:1. justifiable comparisons that warrants a low offer2. accomodates the sellers needs (you need to know what they are)3. meet the criteria for buyers on your buyers list.additionally - DON'T WRITE ANY MORE OFFERS. consult a real estate attorney and a real estate agent (buyers representation).

A bonus for being early and/or a percentage of money saved on the project.You really want to give them skin in the game so that they will respond more or less as you would do when on the site.

Nate,You indicated " Typically you have to either do a double close or a simultaneous closing " .. since I'm new in the game .. if possible, would you please discuss in details how I would be able to do this ?

As I bet you've already guessed, people would "buy" the big screen, then have Circuit City pick it back up after the games/parties and get their money back.Indeed, a money-back guarantee is most effective when the product/industry has a less than stellar reputation.

John are you playing a joke on me?

Not sure how your investor comes into play.

If you're looking to rehab and sell, the usual 70% of ARV less repairs would come into play.