Tips on Renegotiating price
I have found the perfect property for me to make my first investment property and I have proof of funds to pay for it, but after showing the wholesaler the POF letter I feel like he's tryna to rip me off and get all the money he sees that I have available. He has the property under contract for 25k and he wants 36k to sign the contract over to me. That's an 11k wholesale fee on a property that needs an additional 20k in work, OUTRAGEOUS RIGHT??! It's been about 3 days and I want to renegotiate and see if I can get them down to 30k, which is the most I can pay the property and still have enough for the repairs. Any advice on how to get them to come down on the price to make it a win/win situation for everybody?