Need some advice...

[David Totten]

I have a motivated seller that has a property for sell that I'm supposed to meet tomorrow, October 17th. They are asking $15,000 for the property and the ARV is in the low $30's. They started rehabbing the property but the husband went back to work and they can't finish the rehab. The owners believe that it's about $4-5K left to complete the project and just want to get rid of the property. Their daughter was going to move in, but she had a job change at the last minute, so she won't be occupying the property. Should I take the remaining rehab costs off the top and offer $10K so a buyer will have a little spread in between? Any suggestions would be helpful!

Thanks,

Dave

[Aaron Mazzrillo]

If you can get it for $10K, why not try?! I'd offer $9K! Then maybe go up and settle at 10k.