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9 March 2020 | 62 replies
They move it to deals that throw off an acceptable return for their money.
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6 March 2020 | 10 replies
This will hopefully be the last communication before an accepted offer.
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6 June 2020 | 1 reply
I have an accepted offer of 185k net to seller with seller covering 7.5k of the closing cost.
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21 March 2020 | 42 replies
That leaves nothing allocated for the other costs.I suspect you are going to find it difficult for someone to accept a cap rate evaluation because 1) their financing will not be based on a cap rate evaluation 2) you do not have the actual NOI that would allow a cap rate valuation.The cap rate valuation is not likely to work even if you had NOI because this RE does not require commercial financing.
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4 March 2020 | 4 replies
You have to accept being 80% prepared, and trust that you and your team are good enough to figure the other 20% on the fly.
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17 July 2020 | 3 replies
I'm running numbers using the BRRRR calculator, and I'm finding deals given (keyword, given) my offers get accepted.
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5 March 2020 | 3 replies
They put one up for sell on the MLS, then had to remove it from the MLS it as it was occupied and no access was allowed, but I had already put in a bid which they accepted.
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5 March 2020 | 0 replies
Online deal, my offer was lower than the asking price and took a little time before they accepted it.
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12 March 2020 | 14 replies
Institutional lenders are only going to typically accept deals where they are the only lien on the property
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9 March 2020 | 35 replies
If their motivation to sell is high, they are more inclined to accept an offer below what the property is worth.