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Updated about 7 years ago on . Most recent reply

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Christopher Oyenuga
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  • from Augusta, GA
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Christopher Oyenuga's profile image
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Christopher Oyenuga
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  • from Augusta, GA
  • Member since Jan 24, 2018
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Christopher Oyenuga
  • Developer
  • Augusta, GA
20
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Buying & Selling Real Estate

Winning a Highest and Best Offer Deal on Investment Property

Christopher Oyenuga
  • Developer
  • Augusta, GA
Posted

How's it going everyone?

I'm looking to close on my first investment property, but the seller has come back with a highest and best offer request. As you may know, there is a 48 hour requirement to respond. 

Besides the escalation clause, does anyone have advice on how I should approach this deal, while ensuring that I'm not paying too much?

Thanks in advance!

-Chris 

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    Thomas S.#2 General Landlording & Rental Properties Contributor
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    As a investor you determine a number that works and stick to it. You are not interested in winning a bidding war if it is one cent above that pre determined number.

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