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Why I Accepted $10,000 LESS On a HouseFlip…But Made MORE Money Anywayby Michael LaCavaWhy would anyone in their right mind EVER leave money on the table on a house flip deal?Most people would think that you’d have to be certifiably insane (see our friend on the left) totake less money on anything you sell…house flip deals included.After all, isn’t house flipping about maxing out the amount of money you can make on a deal?It is of course. But on this house flip deal, I actually figured out a way to make more moneyanyway.What was really cool is that we had FIVE offers on the property on the same day!So thankfully I had some options, so we could be fairly picky and pick which one was the bestone for us.
FIVE House Flip Offers in 1 Day…What’s the Best One?We listed the house for $219,000. And on the very first day of it being on the market, we got thefollowing offers: $211,000 $212,000 $217,000 $219,000 $229,000Which offer would you choose?As you can see, we actually got one offer which was $10,000 OVER our asking price!But surprisingly…this was NOT the offer I accepted…and I’ll tell you why here in these twovideos…
Not a member of HFS yet?Consider becoming a House Flipping School member and get the super-insider details (like inthese videos here) on how I built my house flipping business and I’ll teach you how you can dothe same – so you can make more money, get out of debt and quit the 9 to 5…Http://www.houseflippingschool.com