Need tips on acquiring first property

[Shannon Garces]

Hi BPers: I am a first time buyer looking to acquire my first property (multi-family) with a 203k to flip. I need your help with two things: 1. I have noticed that all of the newly listed "flip able" properties go under contract within a day of being listed. How are people bidding on these so fast? How do I speed up the process? Do these people even see the properties before putting in an offer? 2. How do I know the ARV and renovation costs on a place so quickly? I thought I needed a contractor to walk me through in order to get those numbers. Please help! I'm so ready to buy my first place! Thank you BP community!