I know they've been trying to implement more restrictive laws in my city, but although those laws were proposed over a year ago, they still haven't been implemented.

You can't generally create a contingency on the proposed value, but you will likely have an appraisal contingency that it must appraise for the purchase price.

This fabulous estate is the former home of NFL Pro Football Legend Deion Sanders.

This fabulous estate is the former home of NFL Pro Football Legend Deion Sanders.

I have been looking around, and found very interesting proposals for the new buildings, which should be finished only in 1-2 years.

@Erich Henson we've been in business 24 years as a PMC.While what you propose logically makes sense, most property owners are NOT logical about their rentals.Who is going to control pricing?

Here are some additional activities that count, toward real estate professional and material participation hours.Research market for real estate transaction opportunities; current office market rates; terms of financingMaking offer contracts for properties that you end up buyingNegotiation for acquisition of rental properties that you end up purchasing; including directing due diligence and managing financial projections/business plansObtaining financing for properties that you purchaseProperty inspectionsAdvertisingMeeting with Prospective Tenants/showing properties to prospective tenantsNegotiate, obtain, & review proposals and contracts with vendors (insurance, utilities, etc) for property servicesReview and Negotiate The Terms of Sale AgreementsStaging and Decorating3rd party contractor, vendor, or service provider supervision

Did you use a certain format or just propose lower price?

You can access nearly 95% CLTV (on a primary - depending on income) and on investment properties up to 85% (full income verification) or use the proposed rental income (DSCR) usually up to 70-75% max.

For those homeowners that have been in their properties more than 5-10-20 years, in all likelihood they have a low existing mortgage balance in comparison to the proposed sales price.