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Updated over 1 year ago on . Most recent reply

User Stats

130
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72
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Zachary Bellinghausen
72
Votes |
130
Posts

Deal Walked Away From

Zachary Bellinghausen
Posted

Yesterday I made an offer on a Lakeland, Florida 16 unit apartment. I am in the process of selling two properties and rolling them over (1031) to another. The counter offer wanted a 30 day close, and I just dont think I could make that happen, and I would likely lose my earnest money. The deal was seller financed at 5%. I think rate could have even been better. I think someone here on bigger pockets who is local to Florida might find it interesting. My very good friend was playing broker for me and I was really hoping to make something happen, but it just would not have worked. 

  • Zachary Bellinghausen
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