My First Deal

[Luke Cionci]

Hey there bigger pockets community! I am currently under contract on what would be my first BRRRR. Found the house on Zillow, and it has been sitting on the market for more than 6 months due to the shape it's currently in. The current agreed upon price of the home is 325k with 6% sellers assist. There's around $80 - 100k in repairs needed.

Upon inspection it was recommended to have a structural engineer come out and do another inspection as the floors upstairs in the bedrooms are clearly not level. The seller agreed to have the engineer come out but only to do a visual inspection, not a full inspection where they drill a small hole into the house and use a camera to actually see the structural integrity of the home. This type of response from the seller immediately raised a red flag as they must know, or suspect something is wrong with the house. On top of this, they did not make any disclosures about the house from the beginning. 

In my area, to fix any major structural issues can be anywhere around 10 - $20,000. Our response to the seller was since they would not allow a full structural inspection to decrease the ask by $20,000. 

As we patiently wait for a response, has anyone been in a similar situation or have any other recommendations? 

Thanks,

Luke