Tag: Offer Accepted

What to Bid on a HUD Home- The 89% Rule

What to Bid on a HUD Home- The 89% Rule

Multi-family properties have been popping up on the market in our target area in the last few weeks but they’ve been above our price point and it’s been incredibly frustrating. We just want to land our first deal already! The night before we were scheduled 

Lessons Learned When the Deal Falls Through

Lessons Learned When the Deal Falls Through

The deal on the duplex fell through. Apparently, we weren’t the only offer that was accepted. Even though we rushed to sign the offer contract and hand over our good faith money, the seller kept us on the back burner just long enough to go 

Offer Accepted! Now what?

Offer Accepted! Now what?

A few months ago I decided to stop actively searching for our first investment property and focus on setting myself up for making the first deal. So I worked on building my real estate education through books and podcasts and getting my finances in order. Although I wasn’t looking for properties to buy at the moment, I was still keeping a close eye on the market and analyzing deals for practice.

I came across a run down duplex in the heart of our target area, ran the numbers, and reached out to our agent so we could take a look. I was very apprehensive at first. It wasn’t the right time for us to buy something and the place looked tiny in the listing photos. As soon as we walked in I fell in love.

Continue reading Offer Accepted! Now what?

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