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Updated about 4 years ago,

User Stats

289
Posts
106
Votes
Keleisha Carter
  • Investor
  • Tampa
106
Votes |
289
Posts

Buyer wants to cover oustanding loan. Your approach?

Keleisha Carter
  • Investor
  • Tampa
Posted

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

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