I'm a first time buyer, and was wondering if down payment assistance programs still exist in LA.

I have been here 30 years closing transactions for buyers and sellers.... look me up and give me a call and we can discuss.

If you make 5k on this, that puts the price at 130k for the potential buyer.

@Scott Schultz  In Illinois and particularly around Chicago, the buyer and seller both have an attorney. 

Hey everyone,I’m a bit perplexed because I come across deals all the time whether it be fix and flips that I’m looking to wholesale to a potential investor or vacant Lots that investors can build from the ground up but it seems rather difficult to find buyers that are actually serious about obtaining properties.

The typical realtor is more experienced with retail buyers who are looking for homes to live in and will know good locations to buy or a good price on a property, however won't know as much about rental rates, vacancy rates, etc. which is critical when you are running your ROI analysis of potential investment properties.

The owner turned down an offer for $625,000 from a different buyer yesterday and the agent is insisting this is a 20% cash on cash deal with 30% down over 20 years.

You need to sell to a buyer who is willing to accept the change at no cost to them.

I've gained a buyer lead and their criteria is...."

I would not say that it warrants a 20% markup, but it might influence the offer a few thousand to the buyer who places value on immediate cashflow.Terry