This episode was recorded as part of our Lunch Time Live! series. On these Lunch Time Lives (LTLs) Shawn goes live in the Virginia Wholesale Real Estate Group to talk about different wholesaling topics, answer questions, and give advice. If you're interested in joining in on these LTLs, or you want to get them early, join Virginia Wholesale Real Estate on Facebook.
You've talked to the seller, inspected the house, and done your research, but now you're afraid to approach the seller with an offer below (maybe even WAY below) their asking price. How do you move forward and present the offer? The key is knowing your numbers, confidence, and being willing to walk away. Let's face it, not every deal is a winner, even though it seems like it in the beginning. And honestly, sometimes it's better to know when you've been outbid and walk away so you don't spend all the time on the back end trying to sell an overpriced deal.
Shawn Bowen has been a real estate investor since 2010. Right now he mostly does wholesaling, but he's also worked on new construction, rehabs, lending, buy and holds, rentals, and creative financing.
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