Offer Pending- multifamily property

[Stephen Jones]

I made an offer on a for sale by owner deal this past Saturday morning. I believe I am the only one bidding on this deal. I have yet to hear back from the owner of the property. How long should I wait before I contact him? Any thoughts? Thanks.

[Jay Helms]

Congrats on throwing your hat into the ring @Stephen Jones! Nothing wrong with a quick phone call just to ensure the offer was received. Also, curious, what makes you think you're the only offer on the table?