House Flip Nightmare

Your $450,000 house flip is hours from closing when the inspector discovers catastrophic foundation damage that will cost $280,000 to repair. With hard money lenders demanding immediate repayment and your life savings on the line, you must negotiate your way out of financial ruin in the next 30 minutes.

Challenges

Survivors

Popularity

Difficulty

B1-B2

Start Practicing Now

Scenario Overview

Your Role

Desperate house flipper facing bankruptcy

Conversation Partner

Marcus Sterling, Senior Partner at Apex Hard Money Lending

Setting

Corner office on the 42nd floor, downtown financial district. Floor-to-ceiling windows show a storm approaching. Late afternoon shadows stretch across expensive furniture.

Location

Apex Lending Headquarters, Manhattan

Learning Objectives

✓

Negotiate extension of loan terms without personal guarantee

✓

Maintain at least 51% equity in the property

✓

Secure additional financing or partnership without predatory terms

About This Scenario

How It Starts

“So. The inspection report just hit my desk. $280,000 in foundation repairs? That's quite a surprise considering how... experienced... you claimed to be. Our payment deadline is in 48 hours. How exactly do you plan to make us whole?”

This is how Marcus Sterling, Senior Partner at Apex Hard Money Lending's greeting will start.

Practice Details

Scenario ID

#1659

What You'll Get

🎯Real-world conversation practice
🤖AI-powered speaking partner
📊Instant feedback on your performance
🎓Learn from your mistakes

Other Scenarios to Explore

Similar scenarios coming soon

Ready to Practice?

Start your speaking journey with BoldSpeak today. Sign up for free and get unlimited access to scenarios.

Get Started Free