quick question....on l/o offers - Posted by Matt PA

Real Estate Investing
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Posted by Brent_IL on April 17, 2002 at 19:08:15:

I don’t know if this was re-posted above. You may have received more enlightening answers.

Good offers don’t work like that. You have to discover what the seller is trying to achieve by selling. Then, you make it happen in a manner that makes it profitable for you to make the effort to do so.

Several of the How-to articles on site talk about this.

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quick question…on l/o offers - Posted by Matt PA

Posted by Matt PA on April 16, 2002 at 20:52:28:

What is a good price to offer the seller on a lease purchase/option deal? 40% below FMV???

Here’s my situation:
Seller Asking: 34,900
Appraised: 38,500

I’m a newbie so give me some suggestions. Prethanks - Matt