Ep 154 How To Modify Offers When A Seller Counters

<p>8 plex, super clean, townhome style, rent for 5200/month. Asking 650. Should rent for 850/month. Seller manages. No longer wants to deal with daily ops.</p> <p>Made 4 offers around 650K range at 10% down</p> <p>Original Offer was 640 pp 75K down 3.85% $2,648 pmt for 60 months. </p> <p>Seller countered at 3K/month at 5%. </p> <p>Amortized offer 645K pp 75K down at 4.15% for 5yrs. </p> <p>Blended principal/interest offer- 670K pp, 70K down, 1st yrs principle only. Then blended interest 4.15% for the next 2 years. Then 4.5% for the last 2years. Seller Net 764850 over 5yrs.</p> <p>Hybrid interest offer 680K pp 60K down 2.95 pmt 2700/m 60 months. </p> <p>Subordination 770K pp 100K down bal 670K. 2000/month principle only for 60 months. 1st note 500/month. 2nd note 2000/month in principle only. </p> <p>Write in a release of lien clause to be able to sell townhomes separately, with equalization payment.</p> <p>Hope you enjoy, And to get special access to a step by step video on how to structure creative financing offers, text CFP to our hotline at 877-409-8090 or click<a href='https://creativefinancing-dacd.gr8.com/'> HERE.</a></p>