With the limited resources you have, you want the first investment to not only be a learning experience but to succeed.

Did you use a broker and did they use the Realtor Offer to Purchase and Contract?

It's one project, that's more hands off and offers great returns. 

We stay in contact with this agent and I guess she made a couple of verbal offers for us after the agreement had expired. 

BiggerPockets is full of resources designed to help you along your journey, whether you are just getting started or a seasoned investor.

I initially offered $200K in cash, but the seller countered at $240K.

I am not exactly sure if calculations are accurate and feel stuck with this decision, I would appreciate if someone could offer an advice or potential solution?

Even then, all of my booking.com clients are American I offer a 25% discount 0-3 days out. add a 15% fee which essentially covers your commission. set up with one hour to cancel, flexible / strict option but no refund 60 days out or later. sync it with Airbnb and or the other ones you are doing.

Originally posted for 100k over what the purchase price was I submitted an low offer and received a counter.

Sellers have emotions, fears, and motivations—figure out what they need and structure your offer accordingly.4️⃣ YOU’RE FOCUSED ON THE WRONG THINGSIf you’re only thinking about your check, sellers will feel it—and they’ll shut down.Instead of worrying about your assignment fee, focus on solving the seller’s problem.✅ Are they facing foreclosure?