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Mike Romano
  • Investor
  • Florida
13
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49
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VA loan Offer

Mike Romano
  • Investor
  • Florida
Posted Dec 18 2023, 05:18

Hello,

We've received an offer on our flip, and it's a VA loan offer, which is a bit new for us. The buyers seem really keen on the property, but the offer isn't as strong as we'd hoped. They're offering the full asking price with a $1k escrow deposit, and they're also requesting $10k for closing costs. I'm a bit concerned about the appraisal, given the full rehab we've done on the property. How do you suggest we counteroffer to ensure we're covered in case there are any appraisal issues or financing?

Grateful for any insights. Thank you!

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