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Updated over 6 years ago on . Most recent reply

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4,135
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Jaron Walling
  • Rental Property Investor
  • Indianapolis, IN
3,813
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4,135
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Neighbor is selling - Creative idea(s) for negotiation

Jaron Walling
  • Rental Property Investor
  • Indianapolis, IN
Posted

My old neighbor listed there house for sell and it's at retail... The house is old as the hills and needs updating. It would be a great live-in-flip opportunity but it's not a good deal (compared comps & recent flips in the last 12months). 

It dawned on me I need leverage get a better price. 

Have you ever negotiated a deal that included a donation to the sellers church>? They're very active at there fellowship. 

What are some creative ways you negotiated a price with a friendly neighbor>? 

I'm touring the property today and will determine a rough rehab cost. 

Most Popular Reply

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825
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278
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Amanda G.
  • Rental Property Investor
  • Augusta, GA
278
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825
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Amanda G.
  • Rental Property Investor
  • Augusta, GA
Replied

Run the numbers if they do the financing. Does that make it better? Maybe they only want a certain amount per year for tax reasons. Maybe talk to them and see what their needs are.

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