Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 3 years ago on . Most recent reply

User Stats

7
Posts
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.

Most Popular Reply

User Stats

560
Posts
422
Votes
Samuel Eddinger
  • Meriden, CT
422
Votes |
560
Posts
Samuel Eddinger
  • Meriden, CT
Replied

Just make the offer contingent on the property being "delivered vacant".  Something with that language should be fine.  

I'm not a lawyer, but your agent should be able to help with this language.

Loading replies...