I am relatively new at the DG site. I got the books about 4 weeks ago and started reading them. Still reading them but did not want to wait and started looking at properties to flip. I live in Arizona and there are a huge number of homes in foreclosure. So I thought great lots of opportunity. Guess what? I think everyone had the same idea. So I have been making offers. But they seem to sell really fast and so it is not easy to get one. Very very nervous about the whole thing. Anyway this week I got my first counter offer. It is a foreclosure house that is been on the market for over a month. Comps are around the 90K-100K. It is listed for just over 55K. I am hoping to get it for about 50K. It needs some work. The usual kitchen,bathroom,paint.. but over all in pretty good shape. I am waiting to hear back to see if my last offer has been accepted. I am keeping my fingers crossed. I will keep you guys updated. Thanks for all the support and info. If it wasn't for all the information that I got from this website I would never have had the guts to get this far.
My first counter offer