Purchasing a property.

[Natali Goenaga]

Good afternoon! I apologize if I am asking too much I would like to have some advice from experience investors . 

The situation is : I am on a process to purchasing a property to live in , It will be FSBO , the house is a single family 3 bed 2 bath 1632sqft In Charlotte NC ( 10 - 15 min from downtown Charlotte driving ) there is no HOA ( it was rented until March 20 this year ) the house is brand new inside she renovated it all in less than 2 years with high quality materials because her daughter was going to live there and now she decided she doesn't want to live in Charlotte ... the property has exterior damage it needs probably like (10k repairs) before she can listed in the market with an agent. She asked 210k as is but I don't have that in cash also I will be buying with a conventional loan pre approved for 250,000. The seller told me she has an attached to the property because she raised your family there but her husband has some health issues so she doesn't have the time to take care of her husband and some others properties at the same time so that's why she is selling. I told her It would be difficult to get a mortgage in the property because of the repairs so she asked me if she do the repairs can I give her 249,000. My question is since it will be a property for live in what did you do in this situation knowing the market is a sellers market and I can't compite with cash buyers offering 20k above listing price anywhere in this area ? Thanks