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Nick Shri
Pro Member
  • Rental Property Investor
  • Virginia
129
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213
Posts

Offers in multiple properties off MLS

Nick Shri
Pro Member
  • Rental Property Investor
  • Virginia
Posted Oct 16 2021, 13:30

This might be a stupid question but here goes. I am identifying quite a few good properties off MLS (actually, Redfin, Zillow and Realtor) that fit my purchase criteria. The numbers are also work them well for me.

My question - if I put in offers on say 5 of them at the same time, but honestly I only want to procure 3 (based on my financial feasibility), and if all 5 offers are accepted, how do I get out of the other 2 (before spending on inspection to back out)???

Thanks & Cheers!

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