Negotiating bank owned properties

[Tony Santos]

Hey BP,

So I am currently in a negotiation with a bank owned property. I unfortunately hit my MAO and we are $15,000 apart. I know patience is key and their motivation changes over time but are there any special or "hidden" techniques some use out there? I was thinking maybe send out my same offer again but with a clause stating they own 50% of the profit for anything over $140,000 on the resale. (My ARV is $130,000 so that really wouldn't effect me). But, again, are there any hidden techniques out there that will maybe entice a bank to accept one offer over another, other than the givens (cash, no contingencies, etc)

Thanks guys!

Tony Santos

Real Estate Investor from Massachusetts