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All Forum Posts by: Prince Owusu

Prince Owusu has started 2 posts and replied 4 times.

Post: Advice after first failed deal

Prince OwusuPosted
  • Posts 4
  • Votes 0
Thank you David for clarifying the terminology for me. I did not discuss any numbers with her though only purchase cost. I give her another day then I’ll apologize again for the miscommunication and thank her for her time again. After that situation, I don’t think I’m texting about deals.

Post: Advice after first failed deal

Prince OwusuPosted
  • Posts 4
  • Votes 0

The property had one less room than the county had online.  I asked, "Im not too sure if you are aware that the county said the property has one more room than the property actually has; I can provide you the link if you like?" (I offered the link so she wouldnt think I was actually lying.  She then said "No, I was not aware." In which I responded with a screenshot from the county's website.  She replied saying, "I know how to access the county's site." In my mind, that didn't make sense because if you know how to access the information how did you not notice after managing the property for 18 years? But I didn't say anything or question it.  I was at work so I couldnt respond fast enough or apologize for offend her.  Talking to her was honestly like walking on egg shells for some reason....Before I knew it, she was offended that I simply was trying to be of help.

Post: Advice after first failed deal

Prince OwusuPosted
  • Posts 4
  • Votes 0

Hi Everyone, I was about to put my first home under contract today went and viewed the place. I took pictures and everything for potential Rehabbers, but the price we had previously agreed was a little steeper after looking at the property and the seller was aware. The seller would not let me view the property unless I put an offer. So long story short I was able to get the property price to $57,500 and ARV was $75,000 with a potential market price at $128,000 with the highest at $150,000. The seller got offended and called off the deal because I thought I was making things easier for her by sending the property information. I was at work and had to text but everything can get mislabeled through text (which I should have known). So basically I'm stuck knowing I have what I think is a great deal but don't have it under contract to give to a rehabber. Can I do anything with the information or just shake it off and move forward?

Hi Everyone,

What's the difference between wholesaling and being a bird dog? I was about to put my first home under contract today went and viewed the place. I took pictures and everything for potential Rehabbers, but the price we had previously agreed was a little steeper after looking at the property and the seller was aware. The seller would not let me view the property unless I put an offer. So long story short I was able to get the property price to $57,500 and ARV was $75,000 with a potential market price at $128,000 with the highest at $150,000. The seller got offended and called off the deal because I thought I was making things easier for her by sending the property information. I was at work and had to text but everything can get mislabeled through text (which I should have known). So basically I'm stuck knowing I have what I think is a great deal but don't have it under contract to give to a rehabber. What to do with the information?