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Updated over 8 years ago on . Most recent reply

User Stats

20
Posts
12
Votes
Reco Collins
  • Rental Property Investor
  • Baltimore, MD
12
Votes |
20
Posts

Suck it up and Move On

Reco Collins
  • Rental Property Investor
  • Baltimore, MD
Posted
So a month ago I bid on a Homepath property which will come as no surprise it was a multiple offer situation. I resubmitted and increased my offer by $10k. I was rejected. About a week later I see that the property is back on the market so I resubmit this time $5k less than my last offer. Get rejected. I kicked myself for not bidding higher but figured it was sold at a price higher than I wanted to pay. Today I find out the property was sold $2,500 more than my offer. I'm really kicking myself now because I lost out on a nice flip over $2,500 but more so trying to be cute. Any suggestions for getting over these type of situations and not dwelling on it.

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