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Reply to "How to win against investors?"
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[quote=Anonymous]There are people who would rather have an owner-occupier than an investor. It's just that you can't spot those people by looking at their home, so it's a shot in the dark. You can also buy less house, so that you can offer more $ or a larger percentage in cash. Owners definitely don't want a deal to fall through and start the whole thing over. An offer with at least 25-30% cash from someone with solid credit will probably sprint through the financing, while it may be difficult to spot an overextended developer with 17 different companies, each one named after some permutation of his children's initials. The former may therefore have more appeal to a risk-averse seller.[/quote]
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