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Updated over 6 years ago on . Most recent reply

Jack Tinker's profile image
Jack Tinker's profile image
Jack Tinker
  • from Winnipeg MB, CANADA
  • Member since Jun 5, 2019

User Stats

16
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4
Votes
Jack Tinker's profile image
Jack Tinker's profile image
Jack Tinker
  • from Winnipeg MB, CANADA
  • Member since Jun 5, 2019
Jack Tinker
  • Winnipeg MB, CANADA
4
Votes |
16
Posts
Real Estate Deal Analysis & Advice

FINDING A GOOD DEAL, putting in several offers

Jack Tinker
  • Winnipeg MB, CANADA
Posted

Hi Everyone,

I've been through the whole deal analysis process and purchased my first duplex a few weeks ago. 


A question that comes to mind, I keep hearing experienced investors say that they make around 10 offers out of the 40-50 deals they analyze. What do you do if more than one of these offers gets accepted, what do you do if 5 of them get accepted? It's my understanding that when an offer gets accepted it's hard to back out of. So it makes me a little nervous putting in multiple offers.

I appreciate the feedback.

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