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The Michael Quarles Real Estate Show

Michael Quarles is here to help you succeed in real estate investing. Whether you want to learn passive or massive investing, we will cover topics like Lease Options, Subject To, Seller Financing, Negotiation, Rehabbing, Marketing, Presentation, Shortsales, Rent to Own, and Owning Rentals. This show will offer solid information from seasoned investors that you need to succeed. It doesn’t matter if you are brand new to the real estate investment business or are a seasoned investor our podcasts will help you gain the information to be successful. Full show notes for all episodes are available at MichaelQuarles.com
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Now displaying: Page 1
Dec 7, 2016

Michael Quarles covers whether or not you should question sellers if they won’t show you their house…

I’m looking at a property which is worth $250-280 fixed up. I estimate it needs about $100k of work to get it in tip top shape (the seller won’t let me see the house,
so I am not 100% sure on the rehab costs. I did the math and worked out an offer of $80k. The seller wants $180k for the house, but I also know that he still owes $125k on the mortgage. Is it worth it to make an offer that is below what he still owes? Should I just make an offer above what he still owes, see the house, and then see if I can make the deal work at that price?

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