How did you find this deal and how did you negotiate it?

How did you find this deal and how did you negotiate it?

@Pete Schmidt the Midwest as a whole is a popular focal point of investors.Metro Detroit is where we operate and there's lots of avenues for investor success.

You should be able.to negotiate a better price with cash.See if you.have a local Real Estate club you can join.

We just sold a retail/service center we owned utilizing a wrap around mortgage.  We bought the place 4 years ago for about $1.3 million with a $650000 new first, 15 year at 4% fixed (btw, no personal guarantee on the ...

find what you really like & don’t like about a home (30-60 days out)Step4: make offers on homes and negotiate the terms - by this point you should be ready to close and move into your new home in the next 30-60 days.Step5: get your offer accepted!

That being said, they are by no means necessary to become successful in flipping.

Purchase price: $270,000 Cash invested: $100,000 We recently closed a successful investment deal on a duplex that we acquired off-market through a strong relationship with one of the largest investors in our town.

You'll learn how to: prepare for acquiring a property; analyze properties; negotiate; navigate the due diligence phase; close on a property.- Project management experience.

High interest rates will continue to suppress demand for homes, build inventory, and allow for buyers to better negotiate for home prices.