Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by

Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated over 10 years ago on . Most recent reply

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

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!