I recently got a call from one of my JV partners. They had just received a new lead that sounded motivated but they were thinking of raising their offer price because of something the seller said. When I found out the reason why they wanted to offer the seller more, I just about lost it. It was something we hear a lot from sellers, so my immediate response was, "No. I want you to come in even lower." Long story short, we locked up the deal and we're expecting to make about $115k in profit! Checkout today's NLREI podcast episode to find out the one wrong assumption that almost cost us this deal!
