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Updated over 7 years ago on . Most recent reply

Jonathan Azoulai's profile image
Jonathan Azoulai's profile image
Jonathan Azoulai
  • from Miami, Florida
  • Member since May 11, 2017
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Jonathan Azoulai's profile image
Jonathan Azoulai's profile image
Jonathan Azoulai
  • from Miami, Florida
  • Member since May 11, 2017
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Jonathan Azoulai
  • Miami, FL
22
Votes |
47
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Tax, SDIRAs & Cost Segregation

Making Multiple Offers

Jonathan Azoulai
  • Miami, FL
Posted

I am new and have made 3 offers. Is it dangerous to make multiple offers at the same time.

Say 5-10 in one day or more?

What if they all get accepted? I am on the hook for all of then.

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Buddy Holmes's profile image
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Buddy Holmes
  • Investor
  • from North Charleston, South Carolina
  • Member since Mar 13, 2017
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Buddy Holmes's profile image
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Buddy Holmes
  • Investor
  • from North Charleston, South Carolina
  • Member since Mar 13, 2017
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Buddy Holmes
  • Investor
  • North Charleston, SC
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Buddy Holmes
  • Investor
  • North Charleston, SC
Replied

@Jonathan Azoulai, if you are placing ernest money deposit with each offer and do not follow through with the offer, you stand to loose the ernest money.  If you are not putting ernest money down with each offer, you may be judged to be not ernest, and no one will accept you offer.  Hence the term.   Cheers, Buddy

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