Jena Miller
Selling to a private equity investor
My former primary home is on the market for 2 weeks with current ARV ranging $903K - $1,064,200 and received a call from someone I presume is a private equity investor with an initial verbal offer of 980K and then a f...
Gregory Calabrese
Appraisal came in low
In contract for Quadplex at $250k. Buy and Hold. Net $1100 monthly. Asked Seller to lower price to appraisal of $244k...Waiting for answer? Should I walk if counteroffer is not met? Any thoughts?
Julie Engelien
1st Offer Ever: What I've Learned
Yesterday we made our FIRST OFFER EVER on what could have been our first home-- a duplex in an up and coming neighborhood of our favorite city, full of major house hacking opportunity. From crunching our numbers with ...
David Marks
Contingencies attached to an "offensive" offer
Hi All,In the podcast, David and Rob have been talking quite a bit about writing "offensively" low offers, with the goal of getting a counter offer in return. Has anyone had any success stories with this recently? Wha...
Alex Hochberger
Making our first offer - what is the current protocol
I bought my house in the pre-crash boom. Back then, there was a push to put in full price offers, but we put in a lowball on a house that had sat (and needed a rehab).The market we're looking in appears to have soften...
Donald Douglas
weird experience on REO purchase-need advice
Early this month, I made an offer to a house that is bank-owned. They countered asking to close on March 3 with penalty if delayed. Up to now, both listing and my agent never heard of anything from the lender. We h...
Account Closed
I need help with a low hud offer
So this is a flip that we will live in for a year or two (likely 2). It in an area we like and is close to our rental property. It has been on the market for a little over a month and seems to be priced poorly. It ...
Adam Smith
Negotiation Help
Hey everybody, been reading the forums for a long time and decided to start posting. I know I need to work on my profile but wanted to get my question out here first.
I'm currently trying to buy a vacant lot to build...
Account Closed
"Shy" seller (no response to offer)
Hi there.New, aspiring investor here. Just getting started. I'm working with some family money, trying to find a place in Los Angeles, but I work in China (grew up in LA, family still all there).As an investment, we a...
Kurt Robert
2nd counter offer the owner now wants an As-is purchase. Help!
I am in the process of buying my third rental property, but during the negotiations we ran into a snag. The seller, on the second counter offer, now wants to sell as-is as he doesn't want to fix anything. They have ...