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Ryan Hillestad

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26 thoughts on “How to Make Multiple Offers as a Real Estate Investor”

  • Mary Stead

    February 24, 2017 at 6:56 pm

    Great info, thank you so much

    • Chris Goff

      February 24, 2017 at 7:31 pm

      Thanks Mary!

  • Ramon Parchment

    February 25, 2017 at 7:49 am

    amazing thank you !

  • trell40

    February 26, 2017 at 1:20 pm

    amazing work chris but i have a question i have alot of leads i talk to are willing to seller finance but they want to check my finances and credit how do i respond to this from fsbo sellers? any advice from anyone is welcome thanks!!

    • Chris Goff

      February 27, 2017 at 2:49 pm

      Thanks! You can either show them your finances or I would say that they’re not motivated enough. When someone is open to this way of selling and they want proof… this usually tells me that I need to do a better job at building trust which starts from the beginning. Hope this helps!

  • JC Melano

    February 28, 2017 at 7:18 pm

    OMG Chris! I just looked up the property at 127 Sweetgum Rd, you’ve done an AMAZING job. It’s lovely man.

    • Chris Goff

      February 28, 2017 at 7:45 pm

      Thanks buddy!

  • Thais Henry

    March 7, 2017 at 4:36 am

    I would love for you to become my mentor…I live in GA as well. I really enjoy your very informative videos but I need coaching on my first deal and so on!!! Please advice, thanks!!

    • Chris Goff

      March 7, 2017 at 12:15 pm

      I would love to mentor you but I’m not currently accepting anymore one-on-one students at this time. Sorry! REIPro Real Estate Investor Software will really help with walking you through the process as well as giving you a one-stop shop CRM. Check it out:

  • Hurol Samuel

    March 11, 2017 at 7:47 pm

    Hi Chris,
    How are you able to do 2 year terms with the end buyer with the existence of Dodd Frank rules; I thought Dodd Frank don’t allow balloon payments to owner occupied buyers. Please share your insight.

    • Chris Goff

      March 11, 2017 at 11:40 pm

      Hi Hurol, you only go a year with all strategies but could go longer with seller financing… which Dodd Frank only applies to. You will need to have an attorney draw up the agreements because there are a lot of things that need to be clarified before answering this question such as how many have you done, what type of seller financing are you doing, etc.

  • Joey Cannon

    April 13, 2017 at 6:32 pm

    With the sandwich lease option we only have equitable title. How do we get paid if the buyer actually buys it. We dont go to closing with the sellers. Im in virginia

    • Chris Goff

      April 13, 2017 at 7:22 pm

      Hey Joey, if you’re staying in the middle, you’ll do a double closing which requires you to be at closing. You will have some closing costs so make sure the numbers work from the beginning.

  • Joey Cannon

    April 13, 2017 at 6:42 pm

    I guess what my question is, if I sell it to buyer for 295k but only offered 275k to the seller. How do I get the 20k at closing with only equitable title.

    • Chris Goff

      April 13, 2017 at 7:23 pm

      The new buyer is bringing all the money so you don’t have to. The closing won’t happen until all paperwork is signed by all parties as well as the funds paid by buyer. This is what a double closing is.

    • Joey Cannon

      April 13, 2017 at 9:05 pm

      Chris Goff thank you for your answers.

  • Joey Cannon

    April 13, 2017 at 7:39 pm

    Let me also preface by saying I am a realtor, but would rather use the contracts drawn up by you. Am I required as a realtor to use Lynchburg purchase agreements? Or just use your copies.

    • Chris Goff

      April 13, 2017 at 7:51 pm

      Joey, I’m not aware of any Realtor Association that has a lease option contract so this would need to be done by an attorney. We will be offering our agreement in REIPro with our next update.

  • Johnquel Jones

    May 7, 2017 at 12:46 am

    Hey Chris, I just started watching your videos this week. I stopped counting how many I have watched, but I would say at least 8 or so. My question pertains to the cash offer. Are you coming out of pocket the $94,000 upfront and repair costs? Or, do you get the deed upfront and just do a double close with the seller whenever you retail the property?

    • Chris Goff

      May 7, 2017 at 1:51 am

      The great thing I learned a long time ago when making an all cash offer and putting under contract was… you don’t actually have to buy it before you can sell it. So if you are not going to purchase the property and pay the seller in one lump sum, you will be assigning the contract. Meaning, you aren’t selling the house, you are selling the contract. Not a double close unless you don’t want the new buyer to see how much you making on the deal.

    • Johnquel Jones

      May 7, 2017 at 2:05 am

      Chris Goff would this make the seller mad if they see it listed and that you would make a good bit of money (referring to deals that would be similar to the one in this video)? Also, I think I called maybe 30 people this week and made 0 offers and then I saw your multiple offer video which is why I’m trying to tie up a few loose ends. Your videos provide great direction Mr. Goff. It’s greatly appreciated. Also, I joined Reipro a few days ago amd it is helping me analyze deals faster.

    • Chris Goff

      May 7, 2017 at 2:11 am

      No, it would not make seller mad because you are being upfront and or purchasing the home with an agreed upon sales price. You are also working with sellers that need your help. Just look at a seller that pays up to 6% commission if listed with an agent… no difference. Thanks for your positive comments and glad you are an REIPro subscriber. Think BIG!

  • Daniel Moore

    July 25, 2017 at 6:04 pm

    Chris, thanks for making these videos and laying everything out in an easily understandable way. My question is does buying a house a certain way limit your exit strategies? Say I buy the house with seller financing is it difficult to use another strategy to sell the home? All your examples use the same strategy used when purchasing.

  • Will Mclean

    October 3, 2017 at 4:37 pm

    Hi Chris, when doing a lease option is the monthly payments going towards the purchase price or is just the option payment going towards the purchase price?

    • Chris Goff

      October 3, 2017 at 5:53 pm

      I don’t use monthly credits but if you do, keep them small. The option payment does go towards the purchase. We spell all of this ur in our contract which can be found in REIPro at a discounted price.

    • Will Mclean

      October 3, 2017 at 6:46 pm

      Chris one last thing, I have been watching your videos for a few months and was curious if you had a mentorship program? Thanks for always replying promptly.

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