Negotiating Repairs with Seller

[Danielle J.]

So I just got the results from the home inspection on a fourplex I am interested in purchasing. The property was built in 1964 and this property needs some expensive repairs :(

Some of the repairs needed:

2 new furnaces and possible HVAC repairs to other units

Plumping issues

Electrical- branch circuit conductors, overcurrent devices, service and grounding equipment

garage roof

My question is how should I negotiate these items with the seller? The seller listed the property "AS IS" however these expensive items were discovered after the inspection. Should I ask for a credit towards the repairs or a reduced sale price? 

In the event the seller does not want to address these big ticket items, what would you recommend? I am really interested in purchasing this property...