Ep 125 Blow Out The Competition By Offering More And Making More

On this episode we talk about a deal where we are able to offer way more money than our competitor by structuring terms. Always let the Seller know the following-  We can pay more if you're open to it. This is a rental, so how would you like to make better cash flow?

This is the property info: 4 bed 2 bath 1500sqft. Seller owes 57K 635 piti, receiving 675 in rent. Property is dated. Could rent for 1500/month. ARV 255K. She already had a cash offer of 165K. 

Offer 180K pp 9K down 2.5% 850/month for 42 months. We will owe 149,351. Almost 22K principal paydown and the Seller gets 194,051 gross after 42 months. 

Wholesale for 206K to a Landlord with 35K down and the buyer would make repairs /upgrades.