OfflineHi my name is Bill Capo. I am ready to make my first offer for an investment home but I need to word this right.
The house is $29,990, Porch needs repairs, They are motivated sellers and here is what I am trying to do. I want to bid lower, with the sellers paying closing fees and I want to walk away with $3,000.00 at closing.
How do I do this Please help
Thanks,
Bill
capo.william@****
570-498-0740
__________________
Billy C
Go to the link How-To's and Articles on the left side of your screen. You might find the answer or use the search link. You need to put the FMV, ARV, and how much the repair cost of the property you're trying to bid. LA
Everytime you repeat the words "I CAN DO IT" with conviction, you cancel or override your fear and increase your confidence. By repeating this affirmation over and over, you can eventually build your courage and confidence to the point where you are unafraid. -Brian Tracy-
The Seller is asking price $29,990? Well...I think that you should find out who is the Owner? If the owner is the bank or a person? find this out... then if the house is 29,990 Ask for 10,000 or 7,000 so you can come to an agreement and turn around and resell it for more!!! you can make alot of money if you know the numbers? you can do this under contract/Agreement to Re-sell it for more after the bank/Lender/Seller comes to a deal that is low so you can Re-sell it.
Reina Patricia Rendon
Hi Reina,
Thank You. It is being sold FSBO. She still has a mortgage. Are you saying that I should find out the payoff?
Thanks,
Bill
Billy C
buy the mortgage note.
once they sell
I must be direct to the seller of the note.
note must be perfom. only
Alaskan Success,Inc