
17 December 2012 | 6 replies
If you saw a 2br , 1bath house for 100k how much would you offer them half? or lower? (fairly good area)
I am still learning about real estate investing. and I do not have a buyers list of my own but lets say if I d...

2 January 2013 | 45 replies
He said no problem and he finally told me my counteroffer of $27,500 was accepted on Christmas Eve.

26 October 2017 | 45 replies
For example when you get the unadvertised counter offer, the AM will still sell for less.

27 September 2013 | 7 replies
He counter offered with 3% and keep it for 3 years!

27 September 2013 | 9 replies
-Closing Costs and Funding Interest $3,000-Profit $10,000-Counter Offer Margin $3,000= Max Purchase Price $39,000--------------------------------------------------------ARV X 70%= $70,000- this applies only if you want to sell for $0.70 on the dollar(you can decide what you want to sell at, and adjust as needed)-Repairs $15,000 ($10 X 1,500/sf.)= Sell Price to Buyer $55,000

30 September 2013 | 10 replies
There was one house that had been listed for well over 60 days and still hadn't had a price drop nor had they come down on their counter offer (i.e. discount percent) from the first day it came out to investors.I told them I never seen a property stay at its initial price for that long.

5 February 2014 | 16 replies
Just to let everyone know, yesterday I got a counter-offer on a HUD home with a net-to-HUD at 60% of list.

26 October 2013 | 6 replies
Here is my formula for knowing how much I can offer:***EXAMPLE OFFER***ASKING $25,000$50,000 ARV$35,000 *70%$20,000 -Repairs$3,000 -$3K Closing Costs and Points for Borrowing Funds$5,000 -Profit(=10% of ARV)$1,500 -Counter Offer Margin(=3% of ARV)$5,500 = Max Purchase Price$4,400 *I Make my initial offer at 80% of Max Purchase Price

10 September 2014 | 24 replies
Often the only way you can work around a property that is listed at a higher value than the condition warrants is to submit your counter offer along with contractor estimates for repairs and proof of the true market value of the property (we are talking multiple BPOs and/or an appraisal).

25 October 2013 | 5 replies
Banks try to get rid of inventory more aggressively at the end of the month, end of the quarter(End of March, June, September, and Dcember), and the end of the year.EXAMPLE DEAL $100,000 ARV$25,000 -Repairs$3,000 -$3K Closing Costs/Points$10,000 -Profit(=10% of ARV)$3,000 -Counter Offer Margin(=3% of ARV)$29,000 = Max Purchase PriceNow I take my Max Purchase Price and multiply by 80% and that is my initial offer. = $23,2003.