C'mon, let's go!

Okay, did I mention that I looked at over 400+ properties, we put in offers for 7 (1) was accepted and now: drumroll please!!!! It looks like another is accepted...

Here is a little background, submitted an offer close to what the seller wanted a month ago. We negotiated seller financing, NO! says the seller..Then the seller said they would take an ALL CASH offer, but we were 35K apart in both of our offers..

WE DO NOTHING.. This weekend(three weeks later) we get another email from the agent. Saying: I believe we can work something out..We say(I am paraphrasing) how? We can't agree on the right terms..

TODAY agent calls my mentor and I will give you a peek at my email to see what happened:



"that mobil home park in ___________.

Had a LONG talk with him about how terrible the markets are for credit and that his seller should consider holding a note for $400k or $500k.....he said:

"The Seller WOULD BE OPEN TO THAT"!!!!

WHAT?

He was NOT AT ALL OPEN TO THAT A FEW WEEKS BACK!!!!

LOVE LOVE LOVE me some negotiating.....waited this guy out and now look, just like a 4 year old, pout and we get our way."





Now, you see that...we may have just hit paydirt... Yes... power negotiating..But here is the lesson....

We knew that we had a bit of leverage..



1.The agent wants to get paid

2.The seller wants to get paid

3. THIS property (even with its excellent cash flow) has been on the market for at least a year.,,



LOOK ALWAYS for the leverage. EVEN in the sweet deals..find it, use it, make money with it..OVER AND OUT..



PS. I will tell you if/when this cashes in "cha-ching"...