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

We are always investing in multi family How did you find this deal and how did you negotiate it?

This is assuming I'm getting the properties for about 80% of the purchase price (negotiation from foreclosure/short sale). 

Hone your skills in negotiating and getting better at finding the kind of deals that everyone talks about here on BP.  

We are in price negotiations for our first flip right now!

What if you were able to negotiate 50-60k or more below the sellers asking price in those areas? 

My day job is pretty much a professional negotiator so I'll be ready to play ball or walk away. 

Communicate to the sellers that you're willing to perform, but they need to either properly remediate the issue or lower the price.I know you're looking for people who have specifically negotiated this with a bank as seller.  

Then work to negotiate the 0.5% cancellation fee.

This is done when the wholesaler negotiates the purchase price with the seller.