Newbie - Offer Letter, Anything Specific that helps?

[Karl Miller]

I'm new to all of this so I was curious if there was some sort of template or suggestions that people have found to be beneficial in an offer letter for a property?  I am looking at an estate sale property that is being offered under appraised value, cosmetic work needs to be done, but looking at potential renter while working on this as a possible flip.  Thoughts?  It's a $120k price for a house in a $160k neighborhood.

[Brian Hayes]

@Karl Miller If the offer is going to the attorney of the estate or the executor of that estate I would pick up the phone and ask them in what form they would appreciate an offer, never know what info you may uncover just by asking questions! Whomever it is keep them talking and have a conversation about the property, you may be pleasantly surprised with the results.