All Forum Posts by: Victoria Jackson
Victoria Jackson has started 3 posts and replied 12 times.
Post: Investor backing out on my first deal due to pandemic..what now?

- Rental Property Investor
- Oklahoma City, OK
- Posts 13
- Votes 1
@Blake Dailey
Thanks! The more I think about it I may tough it out and take the lender approach. This house will be a cosmetic flip and I’ll keep my money in reserves for surprises. As much as investors sound great, not going to get money in my pockets by waiting.
Thanks again!
Post: Investor backing out on my first deal due to pandemic..what now?

- Rental Property Investor
- Oklahoma City, OK
- Posts 13
- Votes 1
I have a close relationship with my investor (family member), but as I move in on a property I can sense it may fall through because of the pandemic. Just an hour before putting in an offer I was given the “let’s think about it awhile longer”. How should I tackle this just in case the financing falls through at the last minute? This property is a steal according to my studies and calculations.
Go through a bank that might take more time?
Try to “resell” my investor on the idea? What should I say?
I don’t want to wait any longer than I have to.