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Updated almost 3 years ago on . Most recent reply

User Stats

18
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18
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Courtney Murphy
  • SF East Bay
18
Votes |
18
Posts

Buying a duplex from my Dad's landlord

Courtney Murphy
  • SF East Bay
Posted

Hello,

I am just starting out and just purchased a house for STR. As rents are going up and my parents are on a fixed income, I would really like to help them out. I want to approach my dad's landlord and ask him if he would be interested in selling the duplex to me. What is the best way of doing that? Should I tell him that his tenant is my dad? I have the name and address of the owner from the Tax assessor's office. Should I mail him a letter or dig around and try to find a phone number? Financing might be tricky since we are tied up in this STR. Any suggestions appreciated.

Thanks!

  • Courtney Murphy
  • Loading replies...