Geoff Scholl
Looking to learn
I am located in Cincinnati, although for this exercise I am not sure that it really matters. I have experience in the high-end residential and commercial real estate development world where I am currently employed. ...
David Casey
Sample Letter of Intent
Hello, I'd like to make an offer on a commercial property and wanted to see if there is a good template that investors have used, I can seem to find any on Bigger Pockets. Do you recommend bringing in a lawyer at thi...
Connie Presley
Offer Timeframes and Wait Periods
Hi guys! I am relatively new to BP and I'm loving the community! :-) What a wealth of information!!Quick question: Any suggestions on the amount of time that you should allow between offers? I made an offer on a prop...
Aurelia Weems
Commercial Buyer doesn't have financing, when to terminate
I am trying to get some feedback on a commercial land sale as my realtor is also the buyer's agent on an adjacent property needed for the sale to close.I entered into a contract to sell a piece of commercial land for ...
Sawyer Dina
Financing Ideas for a Unicorn of a Deal -- THANKS!
Here's the Deal: We picked up a flip for $72,500 and the neighbor wanted to buy it off of us. His motive is to move his parents into this house because they are sick.We have a signed purchase contract for $115,000 wit...
Derek Mizysak
Question about my accepted short sale offer...
Long story short the seller accepted my offer and now the deal has to be approved my the bank. The house was sitting since June with no activity and they dropped it $20k and I offered $7,000 off he new price. My offer...
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...
Ben Crego
Offers way over list price
A buddy listed his house that he has lived in since May 2018 and received 11 offers within two days. One was 13% over list and then he had multiple at 8.7% over list (I.e. 20-30,000 on $230,000 list). The comps are ar...
Adam Anderson
Do you think there is a way to work this deal
I attended a investor club last night and was talking to an investor about a deal he was working on. Here is the details as best I can remember.Vacant 3 bed 2 bath home with a $86,000 1st Mortgage that hasn't been pa...
Doug Woodward
Addition originally permitted unknown
We are buying a flip. The sellers bought the house 12 years ago with an existing addition. We asked them, but they don't know if it was ever permitted. We have two choices: 1) to rehab with all plumbing as is; 2) to...