Multiple Offer Method

[Tommy Feraco Jr]

Hello everyone,

I am currently looking to invest in multi-families and was wondering if anyone has experience or insight on how to make multiple offers at one time in the current real estate market.

I have been doing my research and have found several properties that I am interested in, but with the current market trends, I am not sure how to approach making multiple offers to make the deal work.

I would greatly appreciate any advice or tips on how to navigate this process, such as how to structure offers, how to communicate with sellers, and what to consider when making multiple offers simultaneously.

Any help or insight would be greatly appreciated, Thank you in advance.

[Steve Vaughan]

While I don't tend to have multiple offers to different sellers out at the same time, I do offer with a 3 scenario letter of intent.  If one of the scenarios appeals to the seller, I'll then do a formal PSA.