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what are letters of intent or lois when it comes to real estate investing in this video im going to walk you through what an loi is how an loi is different from an actual offer and how you can craft and draft your own loi so make sure you hit the subscribe button right now so you dont miss more videos about building wealth through multi-family real estate and if you dont know me im seth ferguson a 13-year real estate veteran host of a real estate tv show host of a real estate investing podcast and im also the author of the real estate book sell for more so lets get right into it and talk about lois letters of intent first what is an loi an loi is essentially a very short brief document that builds the foundation or lays out the foundation of a future potential offer so its submitted by a potential buyer for property somebody whos interested in acquiring a piece of real estate and it basically says to the seller or the owner of the property hey listen im interested in acquiring