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Updated about 4 years ago,
Letter of Intent (LOI)
I’m taking the Brandon Turners approach on making offers.
My goal is to acquire 2 multi unit properties within a years time. I’ll evaluate at least one deal per day and make offers on everything that meets my criteria.
If I can make 365 offers per year I feel confident I will reach my goal.
Does anyone have thoughts on sending a letter of intent to agents or buyers instead of the formal contract?
Thanks for any input.