Skip to content
Two investors reviewing resources on a laptop

Get industry-leading resources — for free

Unlock resources for every investing strategy and stage with a free account.

By continuing, you agree to BiggerPockets LLC's Terms of Use and Privacy Policy

Followed Discussions Followed Categories Followed People Followed Locations
Innovative Strategies
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

User Stats

1
Posts
0
Votes
Candice Koch
  • Specialist
  • Los Angeles, CA
0
Votes |
1
Posts

Question about an off market deal

Candice Koch
  • Specialist
  • Los Angeles, CA
Posted

Hello new to the bp site ,

We’re in the market to sell our primary residence in spring 2019 , but found an off market deal in the area we are looking to buy almost to good to be true so decided to get a pre approval and with the equity in our home after being sold it would cover the cost of the cash price the owner is asking before it hits market . The catch is with the equity after the sale of our home and the pre approval how would I turn that to all cash to lock in the property at home owners request with the property being discounted below market value ? She’s looking to bring the property to market in the middle of February at a higher price so this doesn’t leave us with much time , I would hate for the deal to fall out . Any suggestions would appreciated .

Loading replies...