All Forum Posts by: Todd Hendricks

Congrats Derek!! Keep us updated!

Hi all,

One of the keys of effective negotiation is to have some way to justify a really low (or high) offer. To get a really good discount on a property, what are some of the tactics you guys use to shave 5, 10, 20k off of the asking price? The condition of the property is a good starting point, but wanted to see what tools other folks use. 

Thanks!

@Dillwyn thank you for the recommendation! @Kevin McNeely is indeed a valuable  advisor!

@Michael Lee Thanks for the pointers! Can you explain: "get a pre-approval loan letter that includes how long your cooing will take". What does cooing mean? I have never seen that term before.

Hi all!

My name is Todd, and I'm a new investor from Manor, Texas (suburb of Austin). My focus is on SFH in need of light rehab, and my orientation is buy-and-hold. I'm looking to do a deal in Killeen, Texas near the Army base (76543).

I would love to be connected with individuals who lend these types of deals, so please connect me if you know someone. 

I look forward to connecting with the community, learning, and growing!

Congrats Eric! I'm in Austin, and looking to move forward with my first deal too. How were you able to do a no/little money down deal? Could you share a bit more about that part of the negotiation? Thanks for sharing!