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Updated almost 3 years ago,

User Stats

45
Posts
19
Votes
Marcos Carbi
  • Rental Property Investor
19
Votes |
45
Posts

Help Negotiating Please

Marcos Carbi
  • Rental Property Investor
Posted

Listing: 8 unit multi-family consisting of 4 duplexes on one parcel of land | asking price: $1,100,000 | fully rented at $115,200 | new roofs (2021) on all 4 duplexes

I sent in an offer for $1,145,000 with 10 day inspection period as my market is very competitive. The property has been listed for 2 days and they have one other offer so far; mine being the better offer. They countered my offer with $1.145mm, 7-day inspection, and asked I pay the $8,015 doc tax at closing. 

What do you guys think I should counter with? Should I stick with my 10-day inspection and do a full inspection? Or only a 4-point?

Thank you!

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