Confidence in Making Multiple Offers

[Cameron Dirck]

Hi BP Nation!

I am a newbie investor so please bear with me as some of you may laugh at my questions.

I was wondering what gives the average investor confidence in making so Many offers on deals? Obviously financial backing would give an investor a great deal of confidence, so once you get pre approved for a loan is that only good for one deal or how does that work? Also, does an experienced investor lock a deal under contract without knowing he can get a loan on the property? And at what time would an investor do that?

Also one more hypothetical: Let’s say an investor does not have the capital for even the down payment on a property yet he has the property under contract. Where does that investor go for the down payment in confidence?

Thank you all for the advice and your time!

Cameron

[Cameron Dirck]

@Account Closed okay that is good to know! Thank you!