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Updated over 8 years ago,
Making offers...
Hello,
New investor here. Really determined to learn this business and I have found BP to be a great resource. Ive got a question when it comes to making offers....
Ive got this house in my area that is FSBO and would make for a perfect flip house. Ive been in touch with the owner and they seem polite, they're just using it as a rental and they want out.
Heres the thing, I ran the numbers with the calculator tool and was very careful to try to cover every expense involved and as it turns out, I would have to offer more than $100,000 dollars less then what they're asking. My question is this: How on earth do you make an offer like that and avoid either being laughed at and/or offending someone? If someone could walk me through going about this I'd really appreciate it. #Dontwanttolooklikeafool!
Thanks BP Community