How much would you offer?

[Sharad M.]

Hello all,

This foreclosure came on market 3-4 days ago. It's listed at $35,000. It's a duplex and both units are rented out at $500 (2/1) and $600 (3/1). The tenants pay their own utilities. The owner is only responsible for water. I spoke with the listing agent and I have set up an appointment for this weekend.

I don't have much experience with foreclosures, so if I like the place how much should I offer on it to have a good chance of getting it. I am making a cash offer of the place.