You brought a lot of capital to the table compared to the purchase price! 

There was plenty of profit on the table and this was a product and location that we know very well How did you find this deal and how did you negotiate it?

There was plenty of profit on the table and this was a product and location that we know very well How did you find this deal and how did you negotiate it?

Overall the Buyer will need to bring 59k to the closing table.3. 155k ARV - 65k Rehab = 90k / 90k - 59k  = 31k estimated gross profit.

Dealing with the seller's agent is like someone knows everyone's hands in a poker table.

As of 11.1.20 I am 1 of 2 offers on the table.

Seems like what your are proposing is that you will go out to a bank and get a mortgage but instead of bringing a down payment to the table, you will just put the seller in a 2nd position with  their 20% equity.I have no knowledge with how a lender would respond to this.

I am not a big fan of the 1 time pet fee up front of 250-300 since I'm assuming it is a one time payment and leaving money on the table. 

You need to know what all parties are bringing to the table and what that is worth and then decide what works in your situation!  

-Personal intro-3 x full tax returns (newest to oldest)-Employment letter-90 days pay stubs-3x NOA’s-3x T4’s-Tfsa statement up to date-Rrsp statement up to date-Credit card statements 90 days- All accounts, 90 days statements -DCR worksheet pre filled for them-Annual mortgage statements for all properties-Monthly revolving statements (90 days) if heloc applicable-property tax docs- all leases divided by propertypotential property info:- accepted offer to purchase- agent view of listing- city zoning map, highlight property- city address map, highlight property- monthly cashflow analysis- 3x renovation quotes- ARV comparables - recent title- PCDS- all current leases with acknowledgments of values- latest cmhc rental market report for the areaKeep things in a 3-4” binder, keep it organized with a table of contents and labelled dividers.