House Hacking
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated almost 2 years ago, 01/20/2023
How to Put In An Offer
Hey everyone,
So I'm now in a position where I have a conventional loan, property I want, and decided I want to put an offer in.
I am not using a realtor so I will be doing all the negotiations myself which can be intimidating for a first time buyer! What are the best approaches to this? What works and what doesn't?
The seller is asking 190k and I'll still need to do renovations to make it livable so about 20k added for that. I ran comps in the market we are in and some places are charging similar to what he’s asking, but these places are already rentable. similar to what he’s asking, but these places are already rentable. How do I go about doing a negotiation without insulting him but also getting a good deal for myself?