We approach them saying that they have options.

If investors attempt to streamline their services, it can lead to a more organized approach to property management, lowers the risk of gaps in insurance coverage or missed tax benefits as well as simplifies communication and reduces confusion.

I’ve faced this dilemma on nearly every deal, and after completing 30+ BRRRRs and 75+ flips, here’s how I now approach the decision:1.My preference is to ALWAYS BRRRR, if the numbers work.

In most states, foreclosures can be very risky:1) They are often occupied and you can't approach the occupants to see the interior.

What was your approach?

Approached the seller asking they pay all closing costs, received enough credits to buy down the interest rate back into the 5-range (current rates were in the 7-range).

In my limited experience with this small number of syndications, they were very desperate to buy basically anything in order to have "deal flow" (these properties were not for sale, they approached me off market and made me ridiculous offers which I couldn't refuse despite not planning to sell these properties for another 10 years or so). 

Approached the seller asking they pay all closing costs, received enough credits to buy down the interest rate back into the 5-range (current rates were in the 7-range).

Does anyone have any insights or experience with this approach?

Any thoughts on how I might approach the conversation with them?