You have to have a broker submit a offer.

I would really talk to a mortgage broker and get pre qualified and then focus on profits and cash flow.

When you say private money are you talking investors, or finding brokers that specialize in LTV rehab loans.

Their terms sounded similar to yours + I still had to add on my broker fees.

Forum Members,I've heard that the best way to break into the CRE Business is to get licensed with t he intent of becoming a broker.

On the broker side we have 7 pending contracts. 12 offers submitted.

thats the problem from what the sellers broker is saying, he says he got approval from the bank to sell it at the 79,900 now the person he talked to is not there and its mostly an automated system and you leave messages. so who ever is in charge now says 79,900 is not enough. so unless they accept my counter of 90,000 including closing im done.

Broker: "This great investment is listed below tax value!"

broker called me today and said he had another offer at 290K and they wanted final and best...i went in at $300K, we'll see what happens, i really want this one, im ready for my nxt deal and this has the possibilities of condo conversion and/or subdivision down the road 10 yrs or so...

We take calls and internet quote requests from note holders, note brokers, lenders and investors that are looking to sell notes to raise capital for any reason.