All Forum Posts by: Jeremy Pakalka

@Valeria Acosta

There are lot of different ways to answer your question but I would need some more info first. For example, is the 150K liquid cash or is it a line of credit? If its cash, I would not recommend you use it all for 1 deal, no matter how good it looks to you. What if the title company misses an issue with the title? Of course the title company will make it right for you but it is not a quick process and your money will be tied up until it is resolved. There are countless amounts of problems that can occur so you are doing the right thing on researching answers online. However, research can take a long time so if you want to sit down with a professional in Atlanta, send me a message and I will give you the number of a great resource. Good luck!

@Jakub Bednarz

I highly recommend you do the offer in writing for 2 reasons. First, the agent has to show the client the offer even if the agent thinks its ridiculous or he/she will lose their license. Its not the agent's duty to decide which offer is best, but rather give their advice to the client on all offers. Second, a written offer always has much more meaning to a seller. I am a real estate agent myself and I can't tell you how many times people will give a verbal offer and never back it up. Unless its in writing, I really can't do anything. Also, you never really know a seller's motivation for selling so don't ever assume. Make an offer you are confident with and see what happens. Remember, real estate investing a business so never become attached to a house and offer on every single one you think you can make money on and pass on the ones you don't like for any reason.