Fourplex with FHA in New York, should I increase my offer?

[Alex Kouvatsos]

I put in an offer for a Fourplex in Orange County, NY (Upstate NY). 

Sell price $300,000, Taxes $8900, Rents are $950, $950, $750, I would occupy the 4th unit ($950)

Utilities are separate.. no idea what the costs are. Seller's agent gave me a proforma which is not accurate. Floors are sagging hard.. will definitely need to add joists. Empty unit needs some renovation.

I offered $305,000 with FHA.. The agent said he is considering all offers but leaning towards an all cash offer for this property and another one he has.

Should I up my offer? I feel like the numbers are already not great, and it's not in an appreciating area by any means, it's a small town. Middletown, Goshen, Newburgh, area. It's my first deal and I'm just anxious to get in. 

Any advice? 

[Brent Coombs]

@Alex Kouvatsos, "floors are sagging hard", "needs some renovation", "proforma is not accurate", "not in an appreciating area", "the numbers are already not great"...

How do you know FHA will even approve $305k (let alone more, as well as rehab costs)?

Are there any redeeming features that you haven't mentioned?

"I'm just anxious to get in" should not override good business sense. Good luck...