Updated almost 6 years ago on . Most recent reply
Buying someone out of contract
I have a property that a broker contacted me to submit an offer on as a back up offer. However I’d like to try and buy the other buyer out of the contract. Anyone have experience doing this on large multi family?
Asking price of $8,915,000. How much would be appropriate to offer on such a deal?
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@Patrick Nickerson I have no idea what kind of offer the other investor would accept, but it probably would have to be substantial enough for them to think they could make more by taking your money and going elsewhere.