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Nikhil Raverkar
  • Investor
  • Queens, NY
0
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5
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Negotiating purchase price after inspection

Nikhil Raverkar
  • Investor
  • Queens, NY
Posted

Hello BP community!


I'm in a process of buying my first rental property. I got the inspection report and I found following bigger issues/ concerns

1. The furnace is getting old - but the buyer is buying a home warrently for 1 year and it's covered under warrenty

2. Water heater is getting old - Covered under 1 year warrenty

3. Roof seems to be in a second half od life 

4. Rotten wood, missing cranks on window

5. water damage in bath sink

6. Water intrusion in electic pannel

I needed help to understand ideally which of the above things I should consider asking for rapir/ credits. Some of these things might cause bigger issues in the future, and I'm aware that without more details it's very diffult to answer. But I would really appriciate any help I can get. This will help me make a better decision and learn few things :) 

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