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Updated almost 5 years ago on . Most recent reply

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91
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Jason Appel
  • Investor
  • New York, NY
53
Votes |
91
Posts

Landlord offering to sell me the apartment

Jason Appel
  • Investor
  • New York, NY
Posted

Hi all,

My landlord gave me a call this morning to potentially offer to sell me the current apartment I am living in. I do not own any real estate and this would be my first time owning RE. While I’m saving up for my first rental, and the idea of us buying this apartment as a primary residence, maybe the idea of building some equity, rather than just renting is a solid option? I’m curious what others think, and maybe some advice people can give me about first time ownership and potentially using this to grow equity and eventually moving out and using as a rental. I’m all ears.

Thanks,

Jason

Most Popular Reply

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3,641
Posts
3,152
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Joe S.
  • Investor
  • San Antonio
3,152
Votes |
3,641
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Joe S.
  • Investor
  • San Antonio
Replied

@Jason Appel congratulations... maybe???

You don’t give any numbers etc. Unless the landlord is offering good terms or a great price there is not a deal. 

  • Joe S.
  • Loading replies...