My properties were in Williamson County Texas which has a fairly high foreclosure rate considering how well Texas has been weathering the recession.My last deal:Duetsche Bank Jan 2011Original list 99kList 89kDOM 90+Bid 74, Bank countered 79, agreed on 77 but negotiated 10k off because slab sloped so 67k, 10k in fix up (didn't fix slab as minor) and rented for 1000 monthDeal 2 July 2010HUD list 160k, bid 139k the first day it went to investor bid and was the only bid. (8k Tax credit had expired) Bid accepted

I am asking because I am negotiating with a seller on a seller finance deal right now.His original asking price was too high, plus he wanted to do a 15 year amortization.3 units (1 duplex + 1 SFR), total $1600/month gross rents.

Hello fellow BP members,I've just negotiated a decent price on a property that I plan to wholesale, however, the asset manager wants me to close in 1 &1/2 weeks and I don't feel comfortable setting a closing date this soon.I have countered with a closing date at least 21 days from the date that we sign the contract.

I looked not too long ago at a bunch of Loopnet sales in my market for the year, and they sold for an average of 79-80% of list, so the list prices are very negotiable on this type of property.

I’ve learned in RE everything is negotiable.

$2,500 budget and always starting that negotiation in our favor.You are far more generous on the FCL contest budget.

They did not want to negotiate on price (even if we dropped it to appraised value) - they seemed to have gotten cold feet - and used the appraisal contingency to get out of the contract without penalty.

It will also let the buyer know you are seriously considering a sale and it should get them to start reasonable negotiations.

. #1, #2, #3 depend on the contract and are negotiable. #5 is you take to the seller (assuming p;roperty is not listed.) #6 you may needs an inspection/contractor depending on your end buyer. #7 is no if you assign/sell the contract before closing.

I am just an old school guy, I buy books, I study negotiation, I talk to alot of people wanting to sell, buy, rent and lend money.