Is it wrong to keep negotiating even on a steal? It’s a business, and I was always taught to make an offer so low that it shocks me. Recently I was negotiating and the seller was offended. The original number worked i...
What is everyone’s experience negotiating with homepath?I’ve bought two HUD foreclosures, that’s just a numbers into a computer game till the property has been on market for awhile. I’ve tried for two homepath propert...
I have been working with a homeowner to avoid foreclosure. I guess in this case he wouldn't be considered a seller. A Notice of Default has been issued and the borrower is a few months behind in payments. He current...
So I'm trying to buy a foreclosure. It needs flooring, paint, siding repair, roof, some drywall repair, etc. I've put all the assumptions into a model and came to a max offer price of $84K.
However, I wasn't tota...
I found a lead through word of mouth on a SFH in a great neighborhood. The homeowner is an elderly woman, who was recently widowed and is planning to put her house on the market in a couple of weeks. I was able to set...
Hi guys,Just looking for some books to master the art of negotiating.Any suggestions?Thanks.
Seasoned investors - multi family home inspection came back with serious issues with foundation, siding, HVAC, plumbing, electrical. Do you allow seller to make repairs or do you go for credit?Seller is offering to ma...
Hey everyone,I have been struggling to figure out how to not over leverage when dealing with 5-10 year loan terms. The FCUs in my area have some solid underwriting practices i.e. lending on appraisal value not sale, e...
Hello! I'm in the process of buying a business, and that business is located in a leased building. I know that the current lease is $7252 a month for a 9,670 sq/ft building, $.75 per sq/ft. When I called the leasing c...
Hi all! I’ve got a duplex that we grew up in located in New York. We lived in one unit and rented the other. It was owned by my dad, but he passed away a few years ago, we rented the whole thing out.We have since m...