10 Unit Condo Deal in Pittsburgh PA... Wholesale or BUY/HOLD
I'm looking at an off market 10 unit condo deal. 5 units are 1 bed, 1 bath and rent for $775 a month with $250 HOA fee per unit. The other 5 are 2 bed 1 bath and rent for $975 a month with $326 HOA fee per unit. So gross monthly rent is $5,824 less the HOA fees. The asking Price is $477k and I know the original purchase price is $432k so I definitely do not want to pay the full asking price. I usually wholesale deals but would like to possibly buy these condos if the seller agrees to carry the down payment because I don't have the cash to put down. I'm really looking for some advice from a seasoned investor who would lead me in the right direction on this deal as I do not want to pass it up.
Please Help!!