Buying 3 Bank owned Condos in same building?

Question

Looking on advice on buying 3 condos in a recently converted 3 family...They are all bank owned and on the market...Im going to put an offer in on the lowest priced one first and try to get that one under agreement...if i can get one u/a then i will have some leverage to go back to the other 2 banks and show them their prices are too high (condos are just about identical but) ...

they sold for over $200K a few yrs ago and they are asking $65K $99K and $109K, I wll offer $50K cash for the lowest priced first...

there is no HOA in this house, so financing is not an option...im only interested if i can buy all 3 condos...i would then re-establish HOA or convert back to a 3 family...either way im buyng and holding for monthly cash flow

but big ??? is can i structure the offer to say contigent on buying all 3 condos?...

Robert Granara · Answer

no one?

anyway a realtor gave me this idea today...if i were to use "subject to a clean title" in 2 weeks that would give me an out bc just about all bank owned properties will not have a clean title in that amount of time

the only reason i want an "out" is bc im doing a cash deal for 3 separate condos in a 3 family house...im trying to buy all 3 but I dont want to get stuck buying 1 and not the other 3

the realtor said no way would a bank agree to a contigency on me buying all 3 so i need another way out if someone else in the meantime buys another unit...

any advice appreciated...thanks