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Updated almost 6 years ago,
Should I buy a property from the owner vs agent.
So I’m very new. But there’s this property im interested in, It’s a fourplex and it has 3 bd 2.5 bath in each unit. It is gutted and ready for sale but the property has been there for years and has plumbing problems and no electricity. So I’m not sure how to go about getting someone to give me an estimate on repairs before trying to purchase for one thing and two it’s 90,000 (from an agent) very cheap but it’s only worth about 30,000 on the assessors website. Can I buy it straight from the owner? Or is that unethical? I will be starting my real estate classes for my license this month. But I really want that property. Also it’s 3 other properties same area but different owners. So I’d like all 16 units eventually.