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
Wholesaling
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

120
Posts
8
Votes
Markeilsha R.
  • Wholesaler
  • Syracuse, NY
8
Votes |
120
Posts

Taking the first offer on a wholesale.

Markeilsha R.
  • Wholesaler
  • Syracuse, NY
Posted

I contacted a few "Buy Now with Cash" buyers via Craiglsist last night about a home in Yonkers that I finally got under contract. In the morning my email has seven buyers asking me about the home, asking price etc. I pretty much asked them all to make me an offer since the home is located out of my area, distressed and boarded up. So far I've got an offer for $145K. With that I will make a profit albeit tiny since the home including closing cost will cost me about $143K. I havent looked at the property and the buyer gave the reason behind their offer as being related to the rehab. Of course as a newbie I'm thrilled but I wanted to make a bit more.

My question is this: How do I tactfully and professionally counter?

Loading replies...