Negotiating an "As-is" purchase

[Michael Stutelberg]

Greetings BP friends! My wife and I have just submitted our first offer on our real estate investment adventure. This house definitely needs some TLC and I understand that we really cannot ask sellers to fix parts of the house. The question I pose to the collective forum is what, if any, negotiation power do we have as the buyer on an "as-is" house? Where can I gain leverage in negotiating? Thanks all for your help and guidance.