Account Closed
Basis when loans are discounted?
I bought a property six months ago for $250.00 subject to mortgages totaling $275K (2 liens, one lender. I was able to negotiate with the lender and paid off the liens in full for $85K. This wasn't a short sale as I...
Thomas Subias
Approaches for buyer broker commission on owner listed
Hello all.Several of the properties we are looking at are owner-listed. Our options seem to be checking if they'll work with a buyer's broker, or for me to pay the sales commission fee. Beyond adjusting the offer/roll...
Da’Von Manuel
New Investor looking to use Lease to Own. Please help
I am currently trying to purchase my first investment property. With my business being commission based I have no proof of income to receive an actual loan from a bank. Do you guys have any tips on how to approach rea...
Maryam Mostafa
ADVICE NEEDED: how do i go about NEGOTIATING a price of a distressed property?
Lookign at a property for my first invesmnet deal that willl take a lot of work/money to fix that has been in the market for about 3 months in the midwest. how do i go about negotiating? Please share ANY advice you m...
Michael Galloway
10% commision on a Short Sale?
Thought i would start a new thread. It came up in conversation today that a typical real estate transaction for my Brokerage we are charging 6%. For those who know the bank is the payer in this transaction. In my expe...
Nicholas Mann
How to make a low offer with out insulting seller?
Hello everyone,So I am currently looking at a house that is a 2 family listed around $600k. I have ran comps and my investing metrics and the property seems like a decent investment if I can get it around 520k I’m con...
Ralph DiBugnara
Negotiating your Purchase Price in a Seller's Market
During a seller's market, it is difficult to find a good deal that also agrees with what you can afford. Here are a few tips that will help your home search when negotiating costs:Always take advantage of negotiating ...
Kyle Scholnick
Negotiating With A Distressed Seller
I was wondering if there is some type of checklist anyone uses when they are negotiating with a distressed seller. Say you find a house through direct mail or driving for dollars and the seller is interested. Now I sh...
Eric P.
Putting offer on first home, no agent.. tips? and offer suggestion
Wife and I are ready to put an offer on a home we are in love with. We've been watching the market for months and this home fits our needs the best. The home has been on the market over 100 days, has "motivated sell...
Danny Randazzo
Tips for Getting a Seller back to Reality
What tactics or negotiating strategies have you successfully used to get a seller to bring down their sale price expectation? We are exploring a current apartment opportunity but seem to have a 10-15% price difference...