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Updated almost 9 years ago,
Creative way to pull this off?
Hi! We're interested in buying 2 properties from the same seller in NH New Hampshire. One is a 2 family that the seller has a mortgage on and is listed for $229,000 (first listed at 250, it expired and came back on at this price), the second is a 4 unit with 2 residential units upstairs, and 2 commercial units downstairs that they own outright and are offering seller financing on. Both are fully empty.
Both need some work before renting out, nothing big it appears right now, but definitely paint/floor work and some restructuring of how the units fit together.
Should we offer individually or attempt to get them in a package deal? I'm also curious what kind of creative options I can find to get them both without pulling any mortgages out. I'm thinking of a lease option on the 2 unit but need some input please! Let me know what other info I need to give out to get good feedback please!
Thanks