Two homes for the price of one

Two homes for the price of one

Urbana, IL · Member since 2018 · 6 posts · 1 vote

There is a property for sale for 65k but in the property description it says that in order to buy that house you must buy another property for 45k, which is right next to each other. I'm sure I can talk them down. Are those type of deals worth getting into? Or does it just depend on the condition  of the homes? Essentially I'm looking at It for two homes for 50k each. The outside looks rough, I have not looked at the inside. What should I be concerned about.

0Reply
14 views

2 Replies

Jump to latestLatest
  • Lender · Newark, NJ · Member since 2016 · 695 posts · 252 votes
    7y

    I will review both separately and see how much work each is needed then put a combined offer which will most likely be below combined asking price. I'm reviewing two 2 family next to each other now and one needs more work than the other. I reviewed both separately and put and offer of what I thought are worth combined. Best of luck.

  • Urbana, IL · Member since 2018 · 6 posts · 1 vote
    7y

    Are you adding the work that needs added into your offer also?

Join the conversationCreate a free account to reply, vote on answers and follow this thread.