Quote Originally Posted by Squeeze View Post
The problem you run into with (ALL) homes is the POS investors who come in with a cash offer and scoop it away before you can even put a bid on it. If you using an FHA loan you will have a lot more leniency.
This is what I've been running into since last August. They scoop them up and put some cosmetic improvements and the cost goes up from there. Of course I'm looking at a much lower numbers market than most of you folks.