Chris Cozzens
Strategy For First Offer
Ok, over the last few weeks/ months I have dedicated a huge amount of time to learning the basics, learning how to find a deal, what makes a deal, and finding good areas near me to invest in. I am now at the point wh...
BJ Ralphs
Manufactured Homes and FHA Loans Questions
Hi All, I have a deal for a manufactured home. Priced right, plenty of meat on the bone but here's the hitch. I just got word from my RE Agent that that it wont qualify for FHA or Conventional loans after I have repai...
Michael Owens
inspection went further south than expected
need some friendly advice. So I made an offer reo double wide 3 acres didn't look that bad asking price 45000 agreed to 42000. It's in a different state so a little more difficult for me. Sent out a great Inspector an...
Brian Dickerson
Should I be concerned about this deal?
In contract for a duplex which is one of our first deals. It currently has tenants, one month to month other on a lease.This is in upstate NY and the city requires a certificate of occupancy (with an inspection from t...
Dylan Bowman
Pre-foreclosure "win-win" scenario
Hello everyone. My question involves homeowners in pre-foreclosure. I would Like to know if there is a way that the homeowner can still walk away happy with part of his equity and credit in tact and also that I can wa...
Erik R.
Advice- Need a solution, in a pickle- SFH Rental
Hello All-I have a B-location property I am in negotiation to purchase, and need some advice to create a win win if possible. Background: The property is in Metro Detroit Michigan, B location.. across the street from ...
Brandon Mclendon
Making an offer on a Property while Tenants being Evicted
Hey, I have a question for the seasoned investors on here. I am looking to purchase my first investment property in an upcoming area. They have been trying to sell the house now for quite some time, but just recently...
Rick L.
Negotiate with Fannie Mae Foreclosed Property?
I'm interested in a foreclosed four family apartment building owned by Fannie Mae. From the pictures, it appears to be in pretty bad shape and will probably require a total gut rehab. Although, I am walking through ...
Jonathan Feliciano
Getting The Last Concession
In @Brandon Turner's The Book On Rental Property Investing, Turner touches upon the art of negotiating a deal.
He says to "always get the last concession" when negotiating a deal for a property. The reason behind t...
Sylvia B.
Negotiating a purchase - stick to our guns?
We're looking at purchasing a SF home for rental. We found one that is practically turnkey - it could be ready to rent in 2-3 weeks at most. We estimate $500-1000 for improvements/repairs because it needs very litt...