Understanding the seller's motivations and priorities helped us close the deal quickly and secure excellent terms.Remember, negotiation is not just about numbers; it's about building trust and rapport.

Also, as a GC would you do all the rehab and materials as close to cost as possible since the bigger the profit you could produce in the end the better for you both?

Also, they don't cost anything to close and you don't pay a penny unless you use them.

It will still be a period of time before rates start to come down further and it will take months before it is felt on the for sale market.

You will get a better rate and terms, experience, and a faster closing going wholesale than you would going with a retail lender. 

We found out the sellers were highly motivated due to personal problems so we were able to negotiate some of the closing and we able to get into this house with little down.

Getting ready to close on our second investment property in Colorado.

So I appreciate your perspective here as I make a decision..And the reason I wanted to transfer it to an LLC now instead of after the 1031 is complete is mainly precautionary, because I have approval from my lender now to complete the transfer, whereas I'm not sure if my future lender for the replacement property will allow it and decide to trigger the due on sale.

Both for now but I feel very close to just focusing on my firm.

They were good people and I just closed on a deal in my area on July 23rd.