All Forum Posts by: Nina Diehl

Welcome to BP, Nina! If they are unwilling to make the needed repairs or negotiate,  I would suggest walking away. Chalk it up to a learning experience for when you look for your next opportunity. Is this a private seller, or are you buying from a TK provider? 

why are you offering vouchers?  I don't think there is a law against it.  Most people with vouchers are low-income.  I do it when I am trying to help a single mom but I am well aware that it generally turns out poorly.  In my area the voucher prices are about 25% lower than market.  

That can REALLY vary by property. For example, for my last flip property it took me about 3-4 weeks of analyzing and putting in offers to finally get one under contract. The property I put under contract was a foreclosure property, however, and the closing was extended out several times which extended it by over three months. I put another property under contract AFTER that flip property and it closed before the flip property. My team can normally close a deal in three weeks after I get it under contract if the other party is ready. 

Good luck! I also invest in Baltimore and normally analyze 100 deals, put offers in on 15-25, and then (if I'm lucky!) will get under contract.

You’re in the thick of it now, and this is exactly where most first-time investors hit that wall of frustration. But the fact that you’re making offers, going under contract, and walking away when the numbers don’t make sense means you’re doing it right. The competition is tough, but persistence is key. Every deal you analyze sharpens your skills, and every contract—whether it closes or not—teaches you something valuable.