Hello All,

I'm sorry to say I'm not going to be able to make the trip from Maryland. I'm willing to sell my ticket for $150 if anyone is interested. It looks like tickets can be transferred until March 13. I'm ver...

I've got a solid ARV on the property and want to present the seller with a multiple option letter of intent 1) an all cash offer (deep discount) and 2) one on terms; small down payment with the balance payed back over time.

We purchased our first property with cash under an LLC at a discount (~20%).

I highly recommend you bring your utilization down from 4% and work your way down to 2.5% (make sure your payment is submitted 2 days before your credit card company's statement date).I've seen 680s jump to 750 within 3 months.If you have debt it is best to hire an attorney to deal with it or fight the debt yourself and require a written email stating they will remove the inquiry from your credit report after you have paid X% of the debt you owe (you can usually settle for a huge discount).

Basically what I am trying to say is when you are purchasing you are getting the discount on the buyside relative to what the market would pay.

If the property is not safe enough for a buyer then it isn't safe enough for a renter either.IMO your ethical choices are to sell as-is (at a discount, probably to another investor) or pull together more funding and complete the renovation.

I attribute their willingness to sell at a 40% discount to their fear of what is happening with the virus.Many will say, "why buy when you can't collect rent now?" 

And dont discount joppatown! 

Do you mind sharing a few of your strategies of what has been working to find steeply discounted deals in your area? 

Depending on the brokerage there are monthly fees but there are also discount brokerages that charge minimal fees to keep your license active but don't usually offer very much training.