Episode 191: Multiple Offers

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Show Notes

Today, David and Mike shares about the 3 option letter of intent. In this episode, they discuss why we stop using the letter of intent. To know more about the letter of intent check this out! You can learn a lot from this episode.

To learn more about Wholesaling visit: https://www.FreeWholesaleCourse.com

Check out our Tool Kit to see David & Mike’s Secret Weapons:
https://discountpropertyinvestor.com/toolkit/

Things that will cover in this episode:

  • The 3 option letter of intent
  • Why we stop using the letter of intent
  • Explain How it works
  • Can you make the money above the discount?

Real Life Example:

ARV 150k x 70% DR – 27,000

MAO = 150K x 7 -27K = 78k 10K 68K

Sellers owes 90k

  • The 3 option letter of intent
    • Option 1: 68k Cash offer
    • Option 2: 90k Sub to – Take Over
    • Option 3: 100k – 10 years 0%/Pinciple Only

Episode Transcript Soon

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To learn more about Wholesaling visit: https://www.FreeWholesaleCourse.com

Check out our Tool Kit to see David & Mike’s Secret Weapons:
https://discountpropertyinvestor.com/toolkit/

Join Our Community – It’s Free!

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