Updated over 7 years ago on . Most recent reply
Purchasing the property I’m currently renting
I’m interested in purchasing a duplex I’m currently renting. It’s in an up and coming neighborhood, the unit next to me has been vacant for months, and their lawn is completely overgrown. I see this as the perfect opportunity to purchase my first deal from the absentee owner but I don’t know where to start!
Should I have the property inspected/appraised?
As a tenant, am I (legally) allowed to? (My biggest question)
When I reach out to the owner should I mention the inspectors findings, if any?
HELP! I live in a fairly competitive market and I don’t want anyone to take advantage of this deal before I can.