All Forum Posts by: Cassidy Burns

Good Morning BP,

I wanted to see what other flippers/ developers thoughts were on this topic.

When does it become OVER NEGOTIATING?  I find myself when making offers, obviously wanting the bottom bottom line price, for good reason.

BUT, when does the potential of losing the deal over a few thousand dollars become not worth it?  The deal works at the particular # but I am still extending, trying to get the lowest price.  

I currently have my criteria set at 30% margin, which works great for my area.  But am trying to scale up the volume that I am doing on an annual basis for 2019.

Would love to hear others thoughts on this !

Welcome @Spencer Liang, which Commercial Firm do you work for in Bethesda? 

Thanks @Kyle Johnston, I really appreciate it!

Hi BP,

Specifically those familiar with the Baltimore, Maryland .  Are there any specific primary residence loan programs that you are seeing in the Baltimore City area?

Home Ready?  Geo/location specific programs?  Tax Credits? Etc.

Any help is greatly appreciated!

Thank you.

Welcome to BP @Michael Needle

Hey @Jon Holdman, great explanation and easy way to do the "napkin math" for any property.  Just curious at how you came up with the $665/monthly payment ? and what exactly is the 7%? is this your interest rate including recordation taxes?  Or was this current interest rates at that time, 9 years ago?  

Thanks.

I love the Stessa platform look, but to be honest, they haven't been very responsive to me.  I have tried contacting them multiple times regarding why a certain bank wasn't allowing transactions to pull and no response.  Which does make me weary and worried since I already put my bank account information in. I am going to hold off and see how it progresses before I continue. 

Hi BP,

I've seen this question a lot in the in the forums, so wanted to start a thread with all info in one place:

All Investors :What sites / list source services are you currently using to pull lists???

Happy Investing!

Hi @Donnell Walker, 

Please reach out to me if you have any questions about the market!  

Welcome @Justin Hudson