We've just been through one of those with the bubble, now we're going through the reversal.One set of assumptions would be to assume nominal prices (actual prices, not inflation adjusted) will be flat until the inflation curve catches up to the price curve.

I spoke to my agent today and told him of my plans to allow the 48 hour deadline to expire and then submit a new offer and he told me flat-out that we will lose this deal because the banks do not want any hassle and are going to think I am not serious with my second offer.

Tiara,I got started when I was flat broke, too.My first deals were with homeowners, and I never put more than 10 bucks down for an earnest money deposit.

Some will charge just a flat fee to do that.

I just recently found a "private" person that will perform the same actions for us at 1.5% flat.

They charge a 10% flat fee to handle marketing/ booking/ guest communications.

My personal advise is to find a local attorney near Cole Camp to represent you for a small or flat fee (if possible).

@Chris Jensen I feel like in the modern age there is a better solution for folks who don't want a listing agent which is the "flat fee" listing model.

That is the one that has the times baked in.

Limited exclusive parking for business.Sits on a busy metropolitan street (1 lane).Gross bldg sqft: 7800 sqft4 of the units rehabbed with builder grade kitchens, carpets within last 4 years. 2 units will need similar work (~4k/unit).Potential capital expenses: 1 of the flat roofs is 10-15yr old.