Contracting Off Market Opportunity
Hello Friends of BP,
I have recently been given the opportunity to purchase an off market single family property in a prime college rental location for below market value.
I am still a novice real-estate inventor, just wrapping up my first two family BRRR. Because of this, my wife and I are light on cash reserves, so the timing is not ideal for us - but this is such a great opportunity we cannot imagine passing on it!
The opportunity came from a family friend preparing to list the property on MLS, so we need to move fast. We would appreciate any suggestions for managing the contracts in the absence of realtors. Also any considerations for financing to reduce down payment, and gain a very accurate closing cost estimate.
Thanks in advance!
Griffin & Hayley