Rebecca B.
What to offer on a property that needs total remodel?
Newbie wholesaler here!I want to make my first offer on a property I’m walking today. Property is an estate sale, it’s in a good location where comps are around $300k. Property has been on the market for months and th...
Nicholas Grell
Appraisal gap issue, buyers won’t negotiate
We are selling our primary home in a very hot San Diego market. We received multiple offers, pushing the price 40k+ over asking. Accepted offer came from a buyer utilizing an appraisal gap clause to offer an addition...
Dhane Crowley
Whats your opionion?
I have a lady who needs to sell her house.
ARV: $540k
Loan Amt: $591k
Mort Payment: $2400
Obviously, she is upside down. I was thinking she is going to need a short sale.
I would offer to buy around $327K (cash).
...
John Thedford
Cape Coral 3/2/2 With Itsy Bitsy Kitchen
I can sign a contract today. Small 3 2 2 with just over 1200SF. Built 2005 or thereabouts. Can pick it up for 110K plus closing costs and it needs about 5K reno. Here are the issues:
1. Poor return if buy and hold du...
Nancy N.
Made Sellers RE agent a cash offer of $175k on listing price 200K
School me please...I made my cash offer of 175K. Sellers counter at $189K. I'm new to a strategy or "hostage negotiation".
The property is overpriced. The counter is not satisfying. How do I respond to my "buyer" rea...
Lexie D.
Best way to make a lowball offer?
I have a solid lead and I went and walked through the property today and its in really good shape, not a typical flip house. It still needs a few updates, but basically the seller is just really against paying commis...
Mike Petrosinelli
Getting beat out by cash offers! How do I become a cash offeror?
Hi BP community! I've been looking to purchase an STR for 4 months now but every time I find a great deal there's multiple cash offers. I'm sure many on here can relate. I'm 24 and don't have $300k in cash to put down...
John S Lewis
Describe HUD Owned Home?
Can someone tell me what HUD owned property means and what types of hoops one would have to go through to purchase? Is this like a foreclosed/bank owned deal? Thanks.
Juan Rubio
Can i make an offer sight unseen?
Should I make an offer on a property before seeing in person and begin to negotiate after making a walk-thru?
Daren H.
Do You Breakdown Your Offer Price to the Seller in Detail?
Hello BP, I have a newbie question. I am interested in making an offer to a private seller on a property I would buy and hold. The seller is a burned out landlord who is looking to sell. Anyway, when presenting my off...