Wholesaling: Multiple offer options on Letter of Intent

[Renier Walters]

Hello BPers,

Is there a sheet/calculator/app anywhere that provides various calculated offers on a wholesale deal whether it be cash offer, subject to, Lease Option etc?  I always hear that there are multiple ways to solve a problem so is there a resource out there that will assist in providing multiple options to a motivated seller?

Thanks,

Renier

[Devin Beverage]

Hi,

@Renier Walters

Check this out: http://epicrealestate.com/crafting-creative-offer/

This is a free resource provided by investor and podcaster Matt Theriault. In the downloads you'll find two versions of the 3-Option letter of intent that he uses (at least the ones he provides to the public/students), as well as a spreadsheet you can use to calculate what you actually fill into those letters of intent. Finally, there is a playlist of videos at the top that lets you learn how to use the spreadsheet calculator and some more. 

Enjoy! Good luck. 

You could probably also modify the documents to be 3-Option contracts as well, but check with a trusted RE attorney. 

P.S., I am not a student of Matt's, I don't know him personally, and certainly not being compensated in any way for recommending his *free* resources and site! But I listen to his podcast and I think he's a good investor with great philosophies.