FINDING A GOOD DEAL, putting in several offers

[Jack Tinker]

Hi Everyone,

I've been through the whole deal analysis process and purchased my first duplex a few weeks ago. 

A question that comes to mind, I keep hearing experienced investors say that they make around 10 offers out of the 40-50 deals they analyze. What do you do if more than one of these offers gets accepted, what do you do if 5 of them get accepted? It's my understanding that when an offer gets accepted it's hard to back out of. So it makes me a little nervous putting in multiple offers.

I appreciate the feedback.