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Updated over 10 years ago on . Most recent reply

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3,406
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Ryan Dossey
  • Real Estate Broker
  • Indianapolis, IN
2,425
Votes |
3,406
Posts

Made an offer and seller is claiming there are multiple offers....

Ryan Dossey
  • Real Estate Broker
  • Indianapolis, IN
Posted

We found a guy offering two turnkey properties as a package deal. He is asking 50k which honestly we could pay 50k and it is still a stupid deal. We would cashflow nearly 500.00 a month off of the two properties. He said his bottom was 47k. We offered 45k. He is now claiming that he has multiple offers and is asking if its our best. I have heard to never bid against yourself.... What would you do? 

Most Popular Reply

User Stats

3,406
Posts
2,425
Votes
Ryan Dossey
  • Real Estate Broker
  • Indianapolis, IN
2,425
Votes |
3,406
Posts
Ryan Dossey
  • Real Estate Broker
  • Indianapolis, IN
Replied

Me being stubborn..... We raised our offer by only 1k told him he could meet us in the middle or we would walk. He called last night and accepted our offer. We drove over and signed all of the paperwork. Looks like I just bought my first 2 rental properties!

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