The first offer I ever made was accepted. I assumed it was not because I made an offer of $28K (thinking the house's before repair value was about 35K and the after repair would be about 50K) and she said she couldn't accept that low of an offer.
The seller called me back tonight and said she would take 28K (three weeks after my initial offer).
Problem #1 When I made the offer I assumed I wouldn't have a problem getting a loan. That turns out not to be the case. My wife and I have both recently switched jobs and our DTI is about 43%.
Problem #2: can't find hard money for this deal, seems like most of them are geared toward million dollar business transactions.
Problem #3: Buyers list isn't really built yet for an Assignment deal.
I hate to let it go.