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Updated 7 months ago,

User Stats

226
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62
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Sam Booth
62
Votes |
226
Posts

Buying an existing rental in California

Sam Booth
Posted

I am about to put an offer in on a tenant occupied property from the 1950s. I walked the property but it was full of tenants stuff so hard to see much of the walls and what not. Everything seemed functional. The owner passed away and so the property is being sold. Thinking about offering slightly over the list price and saying that I wouldn't ask for any repairs. I am financing with a conventional loan. Any tips as it will probably be a 4 or 5 offer property in a good market?

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