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Updated over 10 years ago,

User Stats

50
Posts
26
Votes
Drew Vukov
  • Property Manager
  • Island Park, NY
26
Votes |
50
Posts

Making a cash offer. Now what?

Drew Vukov
  • Property Manager
  • Island Park, NY
Posted

I am considering making a cash offer on a property (a duplex) I found that is not listed and the owner is only asking whats left on his note, 29K. It should have an ARV of 55k-65K. But I would hold it and use it as a rental.

So if the offer is accepted whats the next step? Theres no broker involved in this deal.

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