Ethan Bruland
Creative thinking
I'm looking at a 6plex for sale in my area. Asking price is 334k, and I offered 299 with a counter at 325. I then offered 310k with owner financing of the down payment. DP will be 62k. I think it's under rented s...
Dave Visaya
What are your best kept secrets when haggling over deals?
Some people just know how to make a deal from 600 thousand to 200 thousand! What are your secrets/ habits in haggling over deals to get them to the best price that works for you!
James Roberson
My first offer on a short sale.
Yesterday I made an offer on a short sale. The property is listed at 159,900. I made an offer of 125,470. Conventional 5% down for 30yrs closing in 15 days. Its been on the market for 125 days with no results. I dont ...
Norman Aparicio
Xome.com Auction site
Has anyone had any success using XOME.com auctions site? I never used it, it seems pretty straight forward but I'm a little hesitant to believe it is as easy as it seems. Any info on how the site works would be helpfu...
Robert Burns
Making Offers You Can Live With!
I need some help from the "wise and learned" here on BP regarding making offers on properties that feel to me are really, really low compared to the value of the property I am trying to buy.
I know the saying "you m...
Account Closed
Hello from Laguna Beach
Hello Everyone,
New member here, I love these communities, such a great place to meet like minded folks and share the biz and tips. I look forward to meeting many of you.
I am a full time short sale negotiator on a...
Peter K.
Buying As Property Goes Into Foreclosure
I have an accepted offer on a property, which at the time I wrote the offer, was marketed as a short sale. The property had a foreclosure suit filed on it in March, I wrote my offer including SSO (the short sale adde...
Matthew Failor
Electric Not To Code/HVAC Not Working/Termites Counter Offer Help
Hi All,
I am under contract for a 70s brick ranch for $165k 3bd/1bth 1100 sqft that will rent for $1,200. Property is on a slab. It was priced low IMO and I offered $165k ($20k above asking). During the inspections (...
Annie Li
Should I Accept the Counter Offer for a SFH in SoCal?
I'm a new investor and would love to hear your opinion on my 1st rental property purchase attempt in Southern California.The good:1. 4/2/2 1600 sf SFH with big yard;2. flipped house so everything is new;3. comps with ...
Mark Davis
Negotiating REO Properties
I've never invested in an REO. I wonder how willing banks are to negotiate their prices when it comes to their REO listings?