Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Wholesaling
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 8 years ago on . Most recent reply

User Stats

46
Posts
5
Votes
Malcolm Darensbourg
  • Real Estate Agent
  • La Place, LA
5
Votes |
46
Posts

Help with 1st wholesale deal.

Malcolm Darensbourg
  • Real Estate Agent
  • La Place, LA
Posted
On my first wholesale deal my initial offer for the property was 35 thousand. The sellers counter offered with 38 thousand. The initial asking price was 40k. The sellers said they would like to get the deal closed this week. What should I do next? I'm confused as to how to get the property off my hands. How can I close a deal within a week? My first deal and I need some assistance.

Most Popular Reply

User Stats

721
Posts
343
Votes
Roland Paicely
  • Raleigh, NC
343
Votes |
721
Posts
Roland Paicely
  • Raleigh, NC
Replied

Malcolm,

I don't have enough info to determine if you have a deal.  However, my best guess is that you probably don't.  Seller asking $40K, you offering $35K, seller countering at $38K.  What is the house worth?  Touch base with me and I'll walk you through it...........Roland

Loading replies...