LOI In Competitive Multifamily Deal
I'm making an offer on a 60-unit deal in Indianapolis this week. The broker has told me there are many bigger players interested in the deal because of a lack of inventory in Indy. The seller has said he is not 'excited' about traditional financing and wants this to be an all cash deal. I/my team have enough liquidity for a downpayment and financing...
Does anybody have any tips on how to get our LOI + Offer to stand out? I'm confident that we can close as we have great lender relationships, and they know we are conservative, low-leverage investors.