Hi Jay,  No need to turn this thread into a recounting stories of why DF has hurt more occupants by denying them ownership and home selling market liquidity.  

Hi Bigger Pockets Members,I wanted to take a minute to recount an experience I had with a recent wholesale property.

I re-countered at 46K, they re-countered at 98K.

As he recounts, while Grant already had millions before going into his first deal he still didn't feel he had enough money to do what he wanted to get started.

Yes going through hafa.Thanks @Brett goldsmith If I push back what is your sense of happens next - will they recounter. is there risk that they walk away? 

I was listening to the Bigger Pockets Real Estate Rookie Podcast (#51 - Kevin Christiansen) last night, and the guest (from Pennsylvania, I believe) was recounting an anecdote of how he stumbled upon a FSBO (sign in the yard type of deal).

Also, it is the lenders job to counter, so I would recounter at a lower price.For instance, say you started @ $100K and they came back @ $119K, then I would go back no more than $109K.

As far as recounting my input and dissecting my profile, I appreciate that as well and I am aware that it needs attention.  

I made a low-ball verbal offer of like $130K and the agent came back at me with a counter of like $160k at the same time giving me his whole spiel about how hes been doing this for many many years and hes never ever seen a bank drop that much off there listing  price and telling me don't  even think of trying to re countering Anyways I'm no experienced realty investor infact this is my first foreclosure purchase so I don't know where it came from but after the agent got done telling me how there was no way the bank would budge off the $160k I pulled him aside and said I have a side deal for you and told him I'd give him 10% cash of any amount below the $160k next thing you know the price dropped to $130 My claim to fame house is worth like $300 now :)

So I submitted an offer yesterday, received counter and re countered, now awaiting response.