If they are being over taxed you’d think the current owner would ask for his 30% discount. 

Not really much reason for a homeowner to sell at a discount in this market when they can most likely get the most money by listing their home. 

Discounted from market value, good condition, high cash flow. 

This will allow them to recover some of that $8K discount they gave you, for repairs.

But I have also purchased performing notes at deep discounts, from sellers who needed cash immediately.When a residential note is secured by a SFR in a cookie cutter subdivision, evaluation of collateral is relatively easy.

Also my spouse is a real estate Lawyer so we can offer a discount for the services.

And I told him I can do it.He is willing to sell at a discounted rate as some properties do need repairs.

If I am looking at a house that has been smoked in, I automatically discount it by 10 grand or I’m not interested.

That sounds like a great deal, did you buy the property at a great discount?

I might offer the existing tenants a discount during the renos as they will be inconvenienced.