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I am learning a lot here, thanks Jackie for all the great information. I’m trying to add some techniques to my bag of tricks. I love the idea of making multiple offers, but I’m thinking wouldn’t it be better to first make an offer with the preferred method of buying the property, and if that doesn’t work, make alternative offers? Why open up a can of worms when the preferred offer might be accepted.?
In offering 50 cents on the dollar, I don’t want to use my own money, so I’m thinking get it under contract and then wholesale the property. Pretty much the M.O. of wholesalers I know, Not my first choice, but I’ll take it.Hi Rich,
In my case, I only make the multiple offers that I like. No matter which one the seller accepts, I’m happy with it.
One of the biggest perceived negatives of working with an “investor” is the “low ball offer.” By making multiple offers, I can tell and show a seller why and how “the easier it is for me to buy, the more I can pay.”
Hope that helps,
Ben
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