How to Structure Offer to Buy
All,
I own 4 out of 6 townhomes in a row. One of the ones I don't own wants to sell it to me. I just had mine appraised at 78K. This one is likely worth around the same it is identical and connected. They owe 68K. It needs work so I don't want to pay what she owes. Any idea how I could structure a deal to get it for like 60K? These don't seem to appreciate much and I could rent for $800 or maybe $850.
Mike