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Updated over 2 years ago,

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7
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3
Votes

Need help on writing an offer

Scott Leuchtmann
Posted

I'm a newbie still working on getting my first rental. My property manager brought me a great off market deal. The purchase price and rehab combined make 70% of the ARV - perfect BRRRR. It's in the neighborhood I've been marketing to. The catch is that the owner is in the eviction process with the current tenant. How do I write an offer contingent on the successful eviction of the current tenant? I'd like to get the property under contract but also want to protect myself from buying a problem.

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