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Offer Information Packet
Hi BP, does anyone use an informational packet prior to submitting a letter of intent and drafting the initial offer to create several courses of action or options the seller can select that creates a win-win deal. Specifically, after discussing details with a seller why they want/need to sell, and their minimum requirements (ie. seller needs to sell so he/she can relocate, but they have a mortgage of $X and need $10k to pay for relocation expenses) the investor can take that information and create several strategies like using seller financing, carry-back, loan on future sales, wrap-around, etc . Or maybe, there is only one financing strategy will work for his/her situation and this packet is your tool for helping the seller understand how the deal will work for them. Similar to a prospectus that we use with lenders and investors to request private money. Any examples out there?