You must not be a good real estate broker if you cant find deals like that. Look on MLS, deals all the time.
And FYI ill tell you why they dont sell “FAST AS HELL”
Banks dont want to give out loans for less then $60k and even $60k becuase there not making shit. Aside from this, banks are not giving out $40k personal loans MEANING lots of these houses are cash deals and not everyone has 40k laying around.
I got a freaking steal on my house becuase I paid cash for it.