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Hello and good evening everyone.What's the best way to make offers to Home Owners/Sellers?I've been told and taught to make low offers. I've heard, if you aren't intimidated enough (or scared) by your offer, then it's...
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Hello all,My current strategy has been cash only on my deals but I have began exploring the possibility of leveraging. I recently sat down with a commercial loan officer from a relatively small bank. He seemed eager t...
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Hello BP,I am thinking about making a offer on a house and I would love to hear some inputs. I'm thinking about making the full price offer and I want seller to pay all my closing costs. How would you guys structure i...
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Hi BP, I am currently evaluating a property where I know a cash offer is looked upon favorably compared to purchasing with a conventional mortgage. I am in position to make a cash offer this week. Since the process ...
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What's your sweetpot for REO offers to banks in Maryland Virginia and DC.
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I have gone through the negotiation process with on a FSBO property in Alabama. We are ready to go ahead and submit a formal written offer, but we have only ever worked with a realtor previously.My business partners a...
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Hello BP
I have a question. I am looking at REO properties. Will the lender only consider their asking price? Are they pretty good at wanting to negotiate? Thanks for any help BP.
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Hello,I have never made an offer on a property in the US. In England its very common one offers approx 15% below the asking price whereby in Scotland one bids and generally pays more than the asking price.What is com...
Ready to begin submitting offers on MLS properties that work with my numbers. I know I can find investors to fund my deals; However, I don't have a "proof of funds" document...is it a must have? Advice?
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Is it not just plain dumb to make an offer on a house that you haven't seen the inside of completely? Or is it common? I see alot of these "we by houses nationally" do it and I assume they can't see majority of these ...