JF704: When it's OK to Use a $100,000 Earnest Money Deposit NONREFUNDABLE #situationsaturday

<p>He aggressively bid on a large Multifamily deal, and won the transaction. Hear the long purchase process that included providing credibility, aggressive offers, and being willing to lose a large deposit. Our guest shares all the ups and downs during the underwriting and purchase, tune in!<br /> <br /> <strong>Best Ever Tweet:<br /> <br /></strong>Everything is better with a better manager (Multifamily purchase).</p> <p><strong>John Cohen’s real estate background:</strong></p> <p>– Founder of JC Property Group<br /> – Started in real estate buying tax deeds<br /> – Based in Queens, NY<br /> – In 2014 switched to multifamily and recently closed on a 48-unit syndicated deal in Columbus, Ohio<br /> – Prior to that worked at Marcus & Millichap as a multifamily specialist in Brooklyn/Queens<br /> – Played baseball at Queens College and Mercy College<br /> - Say hi him at http://www.jcpropertygroupinc.com/</p> <p><strong>Listen to all episodes and get a FREE crash course on real estate investing at: <a href="http://www.joefairless.com/" rel="nofollow">http://www.joefairless.com</a></strong></p> <p><strong>Made Possible Because of Our Best Ever Sponsors:</strong></p> <p><strong>You find the deals. We’ll fund them. Yes, it’s that simple. Fund That Flip is an online lender that provides fast and affordable capital to real estate investors.</strong></p> <p><strong>We make funding your projects easy so you can focus on what you do best…rehabilitating homes. Learn more at <a href= "http://www.fundthatflip.com/bestever" target= "_blank">http://www.fundthatflip.com/bestever</a>.</strong></p> <p><strong>Subscribe to Joe’s YouTube Channel here to learn multifamily and raising money tips:</strong><br /> <strong><a href= "https://www.youtube.com/channel/UCwTzctSEMu4L0tKN2b_esfg">https://www.youtube.com/channel/UCwTzctSEMu4L0tKN2b_esfg</a></strong></p> <p>Subscribe in <a href= "https://itunes.apple.com/us/podcast/best-real-estate-investing/id904025246?mt=2" target="_blank">iTunes</a>  and  <a href= "http://www.stitcher.com/podcas