All Forum Posts by: Gilbert Lugo

@Ryan D. After seeing all the over paying that’s going on I’m sure a lot of us are waiting for the time where we can take advantage of a recession again. 

@Sam Amir  Thank you for the advise. Asking for a price rang rather than asking for a direct number sounds like a better passive way to negotiate the price tag. I will be checking out that book also

@Matt K. I was wondering that since I haven’t been able to get face to face with the sellers just the middle man(the realter). And yes great points thank you

@Rob Beardsley thank you for putting what I was thinking into words. I will be sticking to my guns with even more assurance. 

@Ryan D. in or out of real estate honesty will take you a long way. With so many investors willing to get in a bidding war how do you stragize your offer so that it is still a competitive one but doesn’t affect your bottom line number?

@Ryan D. thank you for your insite and you’re right there are a lot of shady people in this business and I will keep distinguishing myself from them. 

   After mustering sum courage and getting out there researching, analyzing, and making offers i soon realized that the real estate business has no liniency to weather you’re a newbie or not. I’ve been making offers but feel as if I’ve been a step behind on the negotiation aspect. I’m sure I’m not alone out there on this one. 

   I would really appreciate any tips on how to better negotiate on a property or even a point in the right direction on how to get better. 

Tips, strategies, examples all welcomed 👍🏽

Thank you in advance!

Thanks @Redgy Saint-Germain im  planning on it! 

@antoinemartel thank you for clearing that for me. 

Finally getting my hands dirty and getting into the game! I've been qualified for a good loan with very good APR under an FHA and according to the lenders variables I can own the property with very little down. But I'm a bit unsure if I should put the 20% down how I planned or If i should put as little as they would accept and pocket the rest of my cash? Any ideas or suggestions will help. Thanks !!

P.S planning on purchasing a multiplex to house hack