I have never dealt with an investor who didn't physically go to the property & most look up zoning regulations before even giving me an offer!

.- You don't need to offer the full asking price as earnest money, but a large deposit definitely helps woo the seller into believing your offer is serious.

However, there are lenders who offer more flexible terms or even no prepayment penalties, depending on the deal structure and your investment strategy.To find such lenders, here are some options to consider:No Prepayment Penalty Loans: Some lenders, often private or portfolio-based, offer DSCR loans without prepayment penalties, though the trade-off might be a slightly higher interest rate or fees.Yield Maintenance or Defeasance Alternatives: Ask about other prepayment structures like yield maintenance, which can sometimes be less restrictive depending on market conditions.Custom Terms: There are lenders (like us at Phoenix Funded) who can structure loans tailored to your needs.

I offer to return half because the buyer the one who has wronged me but I dont need to fight over a few grand so half is fine both partys are unhappy but we move on.  

Also, consider the impact on your liquidity—ensure you won’t need that cash elsewhere during the project.Off-Market Deals: These can offer better margins.

Each exit strategy offers numerous advantages on both sides. 

Ask the seller's agent to put their counter offer in writing.

(If you made an offer on a 20 year old home with a 20 year old HVaC and the inspector says it only has 5 years left.

I closed on less units in 2024 than I did in 2023 but I put in a solid offer on a new deal this evening.

If it's a matter of a quarter point but the more expensive debt is with a bank that offers better other terms like amortization and LTV, and they have a rock star loan officer, I'd go with the slightly higher interest rate product.2.)