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Updated about 4 years ago,
Buyer wants to cover oustanding loan. Your approach?
I'm interested in a property which is being aold for $79,000. I want to use the BRRRR strategy and offer $65,000. But I got some insights that the buyer has a loan on the property for $74,500 which is why he hasnt accepted any offers as yet. The property has been on the market for 120 days.
Any suggestions on how to make an offer so both parties win?
Thanks