JF704: When it's OK to Use a $100,000 Earnest Money Deposit NONREFUNDABLE #situationsaturday

Published: Aug. 6, 2016, 3:43 p.m.

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He aggressively bid on a large Multifamily deal, and won the transaction. Hear the long purchase process that included providing credibility, aggressive offers, and being willing to lose a large deposit. Our guest shares all the ups and downs during the underwriting and purchase, tune in!

Best Ever Tweet:

Everything is better with a better manager (Multifamily purchase).

John Cohen\\u2019s real estate background:

\\u2013 Founder of JC Property Group
\\u2013 Started in real estate buying tax deeds
\\u2013 Based in Queens, NY
\\u2013 In 2014 switched to multifamily and recently closed on a 48-unit syndicated deal in Columbus, Ohio
\\u2013 Prior to that worked at Marcus & Millichap as a multifamily specialist in Brooklyn/Queens
\\u2013 Played baseball at Queens College and Mercy College
- Say hi him at\\xa0http://www.jcpropertygroupinc.com/

Listen to all episodes and get a FREE crash course on real estate investing at: http://www.joefairless.com

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Subscribe to Joe\\u2019s YouTube Channel here to learn multifamily and raising money tips:
https://www.youtube.com/channel/UCwTzctSEMu4L0tKN2b_esfg

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