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All Forum Posts by: Robert Dziemian

Robert Dziemian has started 1 posts and replied 4 times.

Post: How to compete with cash offers?

Robert DziemianPosted
  • Posts 4
  • Votes 0

Yup, in order to survive you need to know the difference between bull and not haha. Looks like its time to start building some connections. I appreciate your input Steve. 

Post: How to compete with cash offers?

Robert DziemianPosted
  • Posts 4
  • Votes 0

Hmm, that's an interesting proposition. What would they most likely hire you out for? I have been remodeling homes for quite some time with family and as previous jobs. 

Post: How to compete with cash offers?

Robert DziemianPosted
  • Posts 4
  • Votes 0

I wish that were the case, but in my potential area I'm looking 200k plus for a home and I don't have anyone with that kind of cash on hand. But I do understand the cash vs. loan process. It's just becoming a disheartening experience in my search. 

Thanks for your reply! 

Post: How to compete with cash offers?

Robert DziemianPosted
  • Posts 4
  • Votes 0

Hello everyone, my name is Robert, age 25, and I'm a new investor here. I am not new to the real estate business as family is in the business. However I am attempting to purchase my first single family home with a conventional 20% down in Chicago-land suburbs in order to fix up while living there for a year or two, with the intent of renting out later. I have already lost multiple properties due to cash offers with today's "loss" upsetting as I offered 16k above ask, not trying to shell out too much initially on a property that needs a lot of work. Bottom line my question is, how can I as a well qualified individual for a loan offer compete with investors and flippers that offer cash. It is starting to become very frustrating. 
Thanks!