We were able to negotiate the price down significantly.

We keep all of our negotiations in house.

I contracted the property for 100k and after the inspection I negotiated it down to 97k.

Rule #1 in negotiating, don't offer a number first.

If they bring their own, I like to install them myself or check to make sure it's done properly.Otherwise, I use it as a negotiating point.

And if there is a deficiency after the foreclosure, the investor could negotiate that down for pennies on the dollar.

We never got to find out though, as the lender refused to short sell the property, and 3 years later, refuses to either negotiate with any buyers or foreclose.

I am licensed and will be locating properties, estimating rehab costs, negotiating deals, and doing some of the rehab work myself typically on a daily basis.

Good Evening,*Please Keep in mind this is my first Multi-Family Property, $5000 is the most I am comfortable playing with for right now*I am currently in negotiations on a 3-Unit Complex (all units rented), bringing in approx. $1400 per month.

I see no problem with this if these fees are negotiated and disclosed properly in advance.