Negotiation Strategies when Buying From Investor
Hoping to hear some of your negotiation strategies when buying an investment property off of another investor. Both parties are profit driven. What are ways to offer added value to a seller in exchange for a price point that helps you meet your intended Cash on Cash ROI?
Off the top of my mind, a lease option is one method to lock in a workable price for a buyer while lowering the seller's monthly operational expense for the duration of the lease term. A little extra cash in their pocket up front and possibly cash in yours if you net a difference subletting. Plus you have the ability to lock in a price before any future appreciation may apply.