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Updated about 3 years ago,

User Stats

89
Posts
115
Votes
Michael E.
Pro Member
  • New to Real Estate
  • Saginaw, MI
115
Votes |
89
Posts

Deal or No Deal? What's your vote?

Michael E.
Pro Member
  • New to Real Estate
  • Saginaw, MI
Posted

Hello BP,

Okay here's the scenario. You have a deal in front of you. It's a base hit deal that cash flows and could turned into a triple but with one small caveat. The only financing available to you, comes with a payment that would make this a slightly negative cash flow deal. So now here's the question. Do you take the deal knowing you will be able to obtain more favorable financing at a certain date in the future? OR Do you pass on the deal until you can obtain more favorable financing from the start? 

Deal or no deal, what's your vote?

Edit: This is just a community poll.

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