Some of the documents may need to be notarized, depending on your state regulations or normal practices.

This was my first offer so I wanted to make sure that I identified any areas where I can improve.

Anywaaaayss lol... ladies and gents, Ive been trying improve my cold call ratio and i need a formula for how talk to a potential seller/ and how finding out if an seller is motivated. i am a new investor as of which i have completed 1 deal and am in the process of completing an second, but for some reason this which i believe it due my mechanics and experienced level when talking to an potential sellers of course u get the typical hang ups, or the No's for no logical reason;. but when u find someone who is willing to sell and determining if there motivated to sell are two different things.

Donald Trump is a Wharton School Of Finance Graduate who had a Quarter Mil net worth from flipping condos before finishing college, Who's first solo commercial real estate deals (after college) netted tens of of millions with practically nothing out of pocket..

Are there Repairs or improvements that would be worth making?

Local practice does vary.

Now go back and look at the expenses line by line, and add back in the Capital Improvements, normally these will be deductible over 15 years in a MHP.

Also there's a small independent cashflow club in Mokena that actually does a cool job of taking live listings and practicing the game with them to see if/how they work.

You should have still made them an offer, just to get practice negotiating and writing offers.Who knows they may call you back 2 mos from now.

Some lenders require that you have significant improvements made to be property and documented by a certified appraiser (in our state additional appraisal certifications required to do PMI appraisal) which has to be submitted for the lender review.