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Updated over 10 years ago,
Buying a property that isn't for sale.
Hello, the 6plex that my girlfriend lives in is poorly managed and not fully tenanted. The owner's husband died a year ago and from what I've heard she has been overwhelmed since then. The owner currently lives in the basement unit because she couldn't stand to stay in the neighboring house she owns due to her husband passing away inside. The plex is in good condition and all big, 3 bedroom units in a great area of town.
My question is, how should I go about making an offer on this property for under market value? I have a feeling she would be motivated to sell but hasn't listed the property because she lives in the basement unit and is also an immigrant with poor communication skills and elderly.
Do you have tips for making an offer or securing this deal? Someone with experience who could offer some assistance, it would be appreciated.
Thank You