1st Deal within months of new home purchase

[Quianay Laing]

We offered to purchase the 4 plex we were renting as a house hack last summer. Our landlord’s estate was still being settled and we said please keep us in mind. 7 months later we purchased a new home. 2 weeks later our realtor told us his widow is liquidating the estate and she’d be selling the 4 plex.

Question: We closed on our home 2 months ago. How the heck can we get in the game when she’s ready to put it on the market?

Thanks in advance 😊

[Ryan Ingram]

Without knowing all the details-maybe you can attempt to negotiate owner financing at a higher percent and a 2-3 year balloon? It would most likely require a decently crafted sales pitch...but, you never know until you try. 

I've been impressed at the people that were willing to do owner financing; if you spoke with me each time before I asked, I'd have said told you there is no way they would go for it. :)