Moss Siridajnawanan
How/Can we negotiate to lower the purchasing price after it’s already in Escrow?
We got out first BRRR deal a few weeks ago and it’s still in escrow. We found out that costs of rehab is quite over our budget. We offered at $399,000. Rehab is $36,000 and ARV is $510,000. We are comfortable and expe...
Andy Bauman
Vacant land wholesale in Lancaster, TN
Investment Info:
Other wholesale investment.
Purchase price: $7,500
Cash invested: $1
Sale price: $15,600
Wholesale deal. I didn't think I was going to sell this one, but I got lucky and found t...
Matthew Paul
landlord wanted to renegotiate price after work is done.
A guy called me for a price to clean up and clear a yard at one of his rentals . Car parts , motors , fenders , bicycles , all junk , but its all metal . And then cut the lawn . So I give him a price of $ 1400 . Tot...
Kevin Westmoreland
Renegotiate a lease amout after it has been signed.
I have a tenant I need to try and renegotiate the amount because it is not profitable for me to rent at the initial negotiated amount.
Ben Dols
Commercial Deal Under Contract--COVID-19 reason to renegotiate?
I'd love to get thoughts on whether this situation warrants a renegotiation of my current deal.2 Years ago I put a commercial building under contract for $720,000. It is a 2 unit building of retail type space.Here we...
Matthew G.
How to Re-Negotiate...and pay some seller fees
Hey everyone,
So the first deal I have under contract is a great deal. I have it under contract around 60% of ARV, INCLUDING all repair costs. The only issue is we don't have clean title (yet). We need to go ...
Jason Krick
Bank (seller) requests extension--grant it, walk, or renegotiate?
I have my first deal under contract. It's an REO, all-cash deal. The deal was accepted 1/26, and we wanted to close by the beginning of February. I've read that banks work on their own time, but they were very clea...
Mike H.
How do I renegotiate an offer? Or can I?
Here's one I've never come across before. I have an accepted offer on a house (one of only my second non-hud deals) and I need some help. Its bank owned and I had a 5 day inspection period.
Didn't like a couple of t...
Tyreese Brown
Re-negotiating an “As Is” REO after inspection, Baltimore
Does anyone have any experience re-negotiating an REO property after an inspection had been completed? Today I had a SFH, rowhouse in Baltimore, MD inspected. The inspector turned up extensive termite damage to the fl...
David Hall
Renegotiating a Fannie Mae Homepath Deal - Wood Foundation PWF
Greetings!I have accepted offer on Fannie Mae Homepath deal. Inspection yesterday discovered some shifting that appears to be a result of the pressurized wood foundation (PWF). House is 15 years old and these founda...