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Updated over 4 years ago on . Most recent reply

User Stats

44
Posts
8
Votes
Ryan Kinley
  • Rental Property Investor
  • Cleveland, OH
8
Votes |
44
Posts

Options for how to negotiate a 10 unit from an aquaintance

Ryan Kinley
  • Rental Property Investor
  • Cleveland, OH
Posted

Hello - Looking for any tips or options I can offer to my neighbor. She just lost her husband and told me she is looking to sell his 10 unit apartment bldg. She told me around 550k and i immediately got preapproved and sent her the letter from the bank.

Now she said she needs to have it valued before she can get back to me. 

Does anyone have any options or other ideas i can offer to her that will incentivize her to sell it to me? im afraid she is going to ask for a lot more on this property after she has it valued. The county has it listed for 400 k. 

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