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Updated over 10 years ago,

User Stats

120
Posts
8
Votes
Markeilsha R.
  • Wholesaler
  • Syracuse, NY
8
Votes |
120
Posts

Taking the first offer on a wholesale.

Markeilsha R.
  • Wholesaler
  • Syracuse, NY
Posted

I contacted a few "Buy Now with Cash" buyers via Craiglsist last night about a home in Yonkers that I finally got under contract. In the morning my email has seven buyers asking me about the home, asking price etc. I pretty much asked them all to make me an offer since the home is located out of my area, distressed and boarded up. So far I've got an offer for $145K. With that I will make a profit albeit tiny since the home including closing cost will cost me about $143K. I havent looked at the property and the buyer gave the reason behind their offer as being related to the rehab. Of course as a newbie I'm thrilled but I wanted to make a bit more.

My question is this: How do I tactfully and professionally counter?

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