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Updated about 8 years ago on . Most recent reply
Structuring a reproducible offer
Hey everyone! I'm searching for a multi-family unit to house hack with my VA loan (first home purchase). I'm discovering how time consuming the property search process can be. I've been involved with a realtor who I do like working with, but that doesn't mean I'm going to sit back and trust her only to find something...
When I look at properties for sale online, none of them work out when I calculate monthly cashflow (shooting for cashflowing ANYTHING while living for free) at their asking price. I don't have all the time in the world to schedule showings through my realtor, and I feel like I'm wasting both of our time because I don't even know who is motivated before we view the properties. Is it taboo to ask the realtor to send out many offers that may be considered low-balls on properties that I haven't seen in person? How can I structure the offers so that I can figure out who is really motivated without? I would like to start sending my realtor lists of properties with my offer price. Of course I need to have the conversation with her about handling it that way, but I'd like some third-party advice before I do so...
Thanks in advance to any thoughts!