More common is the potential buyer who pays large sums up from for the promise of financing that disappears once payment is made.  

Even though I've made a lot of mistakes, I've learned a lot.

You have made a very wise choice in becoming part of this community.

On the other side of the coin, if all things have gone well during the interview phase, the customer has to be willing to eventually make a commitment for the amount of time that salesperson has invested. 

I've even increased an offer by $2K because I liked the Seller and made a slightly larger profit than expected.

Hi,I made a mistake on voting on a response I did not like.

You mention the owner has paid $70k on the mortgage but that isn't a number that matters (since who knows what interest rate he's on or if he's made any extra payments), what matters is what the outstanding balance is on the mortgage and can you offer them a purchase price that is A) Fair to the owner, B) Helps them sell with some amount of equity and C) Gives you room that it financially makes sense.The numbers change based on if you want to flip it or rent it, making the question "does it make sense" different based on the direction you choose.In short, I have no idea how much I would offer...

We have made an all cash offer at $585k, but the seller has countered at $600k. 

Good evening Juan Jackson,I'm start of as a wholesaler to build up my profile to become an investor and buy properties to rent and rehab and flip.I have a contract made up but I want to make sure that it's good in the state of GA.I'm also looking for "BUYERS"I ran across so FSBO I just have not called yet.Any advice would greatly appreciate it.

I think all you need is a title company to close your transactions - no don't need an account at this time - most title companies have lawyers to close your transactions -You should make sure that you buy real estate at a giant discount - Understand the management process - learn how to be a good landlord - a tenant is a customer - the tenant is the person who will pay for your mortgage - treat them well.Find discounted real estate from landlords who find themselves in rent court -Start to deal directly with owners - I don't think you should depend on agents selling retail properties - you need to go under-ground for great deals -Tax salesPublic AuctionsRun print ads and radio commercialsInternet - 5 weeks ago I created an internet site - I have received over 200 leads - have 70 offers out there and 15 ratified contracts - learn those systems and you will do well.Expired listings - go knock on some of those doors - an expired listing is  FAILURE of property to sell - I am sure the sellers are not happy - go find them and solve their problems.Direct mail to commercial properties owners - commercial buildings can be  great profit center - when you advertise for real estate - signs - internet or mailings always advertise - WANTED REAL ESTATE - houses - commercial and non-conforming properties - all cash -as is - no commission.