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Updated over 6 years ago on . Most recent reply
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Sellers Do Not Want to Give Due Diligence. What Do I do?
Hello,
I am used to buying homes no DD and Flipping them or Wholesaling them when I can. I had a lender who trusted me on all numbers and would lend when I say. That relationship is now off because of personal, non business, reasons and my new lender is requiring that I get due diligence before. Sellers have so many options in Atlanta that it is hard to be competitive when offering on their homes with due diligence. I am looking for any advice on how to convince a seller to give me reasonable DD without going way over the right price for their home. Any advice BP? Please Help!
Most Popular Reply
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Increase earnest money. If you show that you're serious and offer 20K earnest money, when other investors offer 1K - the seller will look at you differently.