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Buying & Selling Real Estate

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Drew Vukov
  • Property Manager
  • Island Park, NY
26
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50
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Making a cash offer. Now what?

Drew Vukov
  • Property Manager
  • Island Park, NY
Posted Jul 27 2014, 00:03

I am considering making a cash offer on a property (a duplex) I found that is not listed and the owner is only asking whats left on his note, 29K. It should have an ARV of 55k-65K. But I would hold it and use it as a rental.

So if the offer is accepted whats the next step? Theres no broker involved in this deal.

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