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All Forum Posts by: Jeffrey Monahan

Jeffrey Monahan has started 2 posts and replied 3 times.

Buying & Selling Real Estate

Post: What will it take for a motivated seller to sell!

Jeffrey MonahanPosted
  • Carlisle, PA
  • Posts 3
  • Votes 3

Ok so I have a couple of questions pertaining to wholesaling properties.

Once I analyze a property and decide that I want to make an offer... What if my offer is less then what the seller owes on the property?  Can they and the bank take a loss on the house if they decide to accept?

Does my offer absolutely need to meet what they owe on the house to get a deal?

Perhaps I am overthinking this... But if I were a desperate, credit destroyed, down in the dumps seller.. I would just want out from the property.  I would take a loss on it.

Any thoughts, advice, correction would be highly valued and appreciated thanks!

0 Votes
New Member Introductions

Post: Newbie in central PA

Jeffrey MonahanPosted
  • Carlisle, PA
  • Posts 3
  • Votes 3

I am overwhelmed with the response, so much great advice! Thank You

0 Votes
New Member Introductions

Post: Newbie in central PA

Jeffrey MonahanPosted
  • Carlisle, PA
  • Posts 3
  • Votes 3

Hey all!

   I'm  new out of Carlisle Pa, looking to learn and eventually get my 1st deal under my belt.  Anybody in the area that needs help with fix and flips, or scouring for properties for you, let me know.  I would really like to shadow to start and help where I can.  Thanks! -Jeff

3 Votes