All Forum Posts by: Daniel Nguyen

Thanks all! I just put my offer in, and having a foundation contractor take a look at it. 

Triplex is being offered at 115,000 but it has foundation issues, and the previous transaction got cancelled after the inspection reports. However, after analyzing data it provides excellent cash flow of about 14.5% COCROY and long-term tenants albeit under rent. I am new into investing and was wondering if I should take the risk and invest into it granted I do not know much about foundations of a home. 

multi-family listed for 119,500 and I did the analytical data and offered 90,000 and apparently the seller was “pissed” and didnt even counter offer. Is there a thing as offering too low in real estate ?