ErikOk 10 Report post Posted October 5, 2011 I received this response to an email I sent to a fsbo. "We would consider that with a substantial down payment. As you probably realize, we need to have funds to purchase another place.. And we would need to see a credit report. Thanks for the inquiry." So I intend to follow up with them, but how should I present myself? I have no company, so I can't present my self as a property management company as Michael suggests. And, I know how you frown on using the word Investor, Michael. Thanks,Erik Share this post Link to post Share on other sites
MichaelC 160 Report post Posted October 5, 2011 "We would consider that with a substantial down payment.Deal killer, Erik. Don't know what they mean by substantial, but your concern should be how are you going to make a buck on the deal if the homeowner is insisting on a "substantial down payment"? Share this post Link to post Share on other sites
ErikOk 10 Report post Posted October 5, 2011 "We would consider that with a substantial down payment.Deal killer, Erik. Don't know what they mean by substantial, but your concern should be how are you going to make a buck on the deal if the homeowner is insisting on a "substantial down payment"? I was sort of thinking that. Back to the drawing board Also how did you represent yourself in the beginning to a potential seller? Did you have a company from the start, so you could say you were a 'property management company'? I'm not trying to get too hung up on what I tell the seller, but I definitely am not a company. Thanks,Erik Share this post Link to post Share on other sites
