All Forum Posts by: Account Closed

Can you post more specific numbers? Are you paying cash?

RUN!

The police will probably say it is a civil issue.....next

I made an offer on a multi, which included 93% seller financing. I offered full asking price ($400,000). COC = 17.2%. Seller countered saying he will finance 50% (COC = 7%). This all done without ever meeting face to face. I'm very excited because that alone is a heck of a feat. Here is the problem: I don't know where to even begin countering.

If I was going to put down $200K, I'd put it down on an $700-$800K deal, which would be almost double the units, with a commercial loan.

 I'm not sure yet, the seller's motivation for the 50% down counter, probably just a trust thing....I will try to find out. Any ideas on where to go from here?

Macbook AIr is awesome for the price. Def macbook. And I used to say I hated them. Just takes a little to get used to. They don't slow down like a windows unit. This one is 3 years old and works like the day I bought it.

Either drive there or wait till Tuesday. 

I don’t know why they would request first months rent before you’re approved. sounds weird. 

It’s saturday.  Drive there And find out. Did you apply online? Maybe a scam?

Only one person knows.  And that’s the property manager. 

 First thing I thought!!! It's not her problem if they don't know their property value. We also don't know the specifics. Maybe it isn't worth 280.