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Updated almost 13 years ago,
Making on offer on abandoned triplex...
So, there is an old (1900) house near the college in my town. I don't know how I've never noticed it before, but it is sitting abandoned. It looks as if this 3300sqft home was converted into a triplex. The current owner bought it for $60k in 1988. They now like in Portland OR ( I am in Central WA). Frommy internet searching, the husband is a lawyer, I think. The wife is 68 and on their neighborhood committee. I got her email and tried opening a dialogue as to whether they'd be interested in selling. I told the truth that I am actually hoping to find something for my wife and baby on the way. Hopefully I hear something back.
Any thoughts, suggestions, ideas? One problem is that don't think I could get the financing for what the property is worth, or even for what it'd still be profitable at. DTI isn't good enough being a school teacher with a wife finishing nursing school.