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Updated over 10 years ago on . Most recent reply

User Stats

7
Posts
0
Votes
William Roberts
  • Homeowner, Real Estate Agent
  • Frankfort, KY
0
Votes |
7
Posts

Aggressively low offers

William Roberts
  • Homeowner, Real Estate Agent
  • Frankfort, KY
Posted

I am looking to buy my first real investment property. I have already purchased a single family home that I am currently living in and purchased it thinking I got a good deal (which it was for a primary residence but not necessarily the best for renting)

I have had my eye on a few duplexes and wanted to know. If I make an aggressively low offer on a house or duplex, if the owner thinks it is too low are there any negatives that could come out of this besides a simple rejection?

If the seller was offended, is there was any action they could take against an aggressively low offer with no contract? Id like to start my investment career with a great deal but wasn't sure if being too aggressive with an offer could have any negative consequences on my fledgling investment career.

Thank you

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