Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 1 year ago on . Most recent reply

User Stats

229
Posts
139
Votes
Bob Willis
  • Investor
  • Curtis, NE
139
Votes |
229
Posts

negotiating discount when purchasing multiple properties

Bob Willis
  • Investor
  • Curtis, NE
Posted

Hey All,

I am considering the purchase of two properties from a flipper.

I can get both subject to, but the flipper also wants a cash premium on top of that (which I understand).

The flipper is asking near retail for both (one has been fully re-habbed (asking full retail price), the other has not been re-habbed (asking near retail price).

My main question is (and I understand there is an "it depends" to all of this), without taking rehab into consideration what kind of discount should I expect/propose on a deal? Is there a "standard" when buying multiple properties at once (I am guessing, "it depends.") but thought I would ask.

The flipper is motivated to get cash out in that he has said there is another bigger, stronger deal he is working on and needs the money. 

Happy Holidays, and thanks for your time.

Regards,

Bob

  • Bob Willis
  • Loading replies...