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Updated about 6 years ago,
Letter of Intent with Multiple Offers
Hey BP Fam! Happy Friday!
So, today was my first day driving for dollars. Made a list of distressed looking properties. Skip traced them & Called.
3/15 on the list want to hear my offer on their property. I'm now back at home creating a LOI (Letter of Intent) to send to each homeowner. I was wondering if I can include multiple offers in the LOI. I'm a wholesaler, so of course I make Cash (Low-Ball) offers, but I also want to make Seller Financing & Lease Option Offers if they'll work with me on terms.
Just wondering, could I include all the offers in one LOI or should I create a LOI for each offer?
By the way, I'm in TX.. (No Sandwich Lease Options) So.. if anyone has any extra advice on assigning/wholesaling lease options; I greatly appreciate it!