Is It Actually A GOOD Deal? BRRRR

Описание: How do you know if a deal is a good deal or not? You have to have all of the information available to you to determine that!
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This deal at the beginning did not look like a deal but I just had this itch that I knew I could turn it into a deal.

When you are negotiating with sellers you have to play their game sometimes. I was following up on this lead and she said she wanted $75,000 on the first call.

I knew that would be close to working. But I wanted to make the deal even better so I offered for $70,000 and she said no then I came up to $73,000 and she said yes and would call me back when she had internet.

She called me back and said $80,000 or nothing because others were calling her. I knew $80,000 would most likely not work unless the house was in GREAT shape. I had to be at $75,000 or less.

But I agreed to the $80,000 and put it in contract and got the house inspected. There was about $12,000 in damages in the basement that seller did not know about so we truly did need this at $75,000 or less to work.

I called the seller back and explained damages and she ended up agreeing to a price reduction of $74,250 which made the deal work again!

To learn how to negotiate better watch this:    • Wholesale Real Estate – Talking With Sellers  

Long story short, don’t walk away from a deal to soon, and exhaust all of your options!