I've Jumped out of the Plane

I made offers on 5 houses and 3 multifamily

Made an offer through a realtor on a house that was listed for 75k
My offer was 54,450 they countered back at 74k I then countered
Back at 56,890, I still have not heared back, although the house was built
In 1890.

I feel that the realtor is getting a little tired and might like that I up
My offer, although he didn't mention it, my strategy is that the numbers have to work,
If he mentions or hints, i know that many others would be eager to write offers and enjoy
The idea that their commission check is based on the amount of offers they help put in, and
Not easy money from the first or second time.

Happy investing
Osama

You dont have motivated sellers if you dont have motivated sellers the numbers arent going to work regardless and youll keep going back and forth endlessly and itll pointless and time consuming because they arent going to budge. When find sellers who counter like that and wont budge, move on drop it like a bad habit otherwise youll miss out on too many deals from sellers who are motivated.....so get rid of them, stop waiting on them and move on.....the other thing is if you are offering cash, they shouldnt have any problem with the asking, some rather have cash than financing, if youre offering financing then theres no point in trying to get it 20-39% below. Not going to work. So that may be another reason as to why they are coming back the way they are coming back.

I am offering cash on REO properties

You said that the first two homes are $68K and $179K respectively. Is this the ARV? If so, your offers/counters are at 65%! Are the repair costs (and your fee) included?....assuming you are wholesaling? I see that you are in Georgia. I'm not sure how it is in your market, but I can't see it being that much different than mine, in Alabama. Investors are buying @ 65% - 70% of ARV - rehab - fee; max here. There has to be a reason the first two properties you mentioned have been on the market for 400+ days!?

As Vonny says; I would move on to the next as the numbers have to work. Follow up again in two weeks and make the same offer (or less). I'd be surprised if they weren't still on the market!

Good luck!

Kudos for making the jump---Good for you, David!
Keep making offers, and adjust/adapt as you go.

Business is about revenue. Revenue equals profit.
Convey to all parties that you're in business to make a profit.
If there's no profit for you as an investor, then there's no deal.
Be creative! Aim for MOTIVATED Sellers and win-wins.

PS. Sometimes an UNmotivated seller won't budge on THEIR stubborn asking price, no matter how long they must wait.