Being able to speak intelligently to buyers and sellers about the local community and market, the up-and-coming areas, etc. always beneficial.

Also, this would give me an advantage during the purchase by offering the seller all-cash and therefore a faster closing as well as the potential to make an offer without the mortgage contingency and potentially get a better deal that way.

Also, this would give me an advantage during the purchase by offering the seller all-cash and therefore a faster closing as well as the potential to make an offer without the mortgage contingency and potentially get a better deal that way.

Since then the bank/Seller have asked for numerous extensions which we have given. 

But when the seller is asking for $230k, $120k seems so far off.

I am in the state of Virginia and I have a wholesale deal on the table the seller is represented by a realtor and she wants to use her contract can I do a wholesale deal using her contract and have another assignment  contract with my investor just wanna make sure I’m doing things right.

The seller is not super motivated to get rid of it, but it’s been for sale for a while.

I would suggest age 50 or 60-89, 20+ year ownership, single family home and specify a home value range.You can also specify Low Financial Stability Scores to find people who are more likely to be motivated sellers.

. - like Gino say, start small. you may need to be creative here if the numbers are really good, try and get sellers finance with Interest free time-frame or IO time-frame.

Odds are I'll not get it for the offer I plan to offer, but I hope I can get it cheaper than what the seller says they want.