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George Jweid
  • Rental Property Investor
  • Syracuse, NY
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Offering 3 different options to buyer - Ideas?

George Jweid
  • Rental Property Investor
  • Syracuse, NY
Posted Aug 9 2019, 05:49

Edit: offering 3 different options to SELLER, not buyer! 

I am currently in talks with a seller who is the executer of his family member's estate. The house is going to be a BRRRR, with an ARV of about $95,000. I'll have a contractor in there soon to give me more solid numbers but I am estimating a rehab of about $21,000. The ROUGH initial number that the seller gave me was $60,000, and I am thinking more about $45/50,000.

My question: I would like to offer three different options to the seller, as to compete with myself and not other buyers. I can provide cash, financing, and a first born child. Minus the first born child, what options would you offer the seller?? 

Thanks! 

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