My agent has been submitting LOI (Letters of Intent) vs formal offers under the 25:1 Prof from Real Estate right now strategy book from Matt Larsen and his agent; Star. He tells me hes getting lots of negative feedback; and that banks arent accepting LOI-(i read on this forum that would save time;and allow us to submit more offers ). Has anyone (or anyones agent) had experience with LOI'S (LETTERS OF INTENT).?
Thank you for your input.
JER 29:11 Thoughts of Hope; thoughts of a blessed Future