Updated about 11 years ago on . Most recent reply
Question to ask seller before making an offer
Hello,
I am meeting with a seller tomorrow to look at two properties.
One is a small two bedroom house with a renter in it. The rent is 450 per month. The other is a duplex that is in need of extensive work. I have not seen the property yet so I do not have first hand knowledge of the condition. The seller wants 48000 with ten percent down and will carry the note for up to thirty years.
What questions should I be asking the seller. This will be my first deal and I would appreciate any help.
Thanks
Ed