Looking for some advice for re-negotiations with a seller

[Steve Hicks]

I’m currently in the process of purchasing an “as-is” rental property for $100k. The inspector has just confirmed it will need a new roof. How should I now approach re-negotiations with the seller? Thanks 

[Charlie MacPherson]

@Steve Hicks  Read your contract.  That and that alone will govern your options.

If there's a provision for inspections, you can do whatever that provision says.  If not, you can refuse to close, but may lose your deposits.

You can ask the seller for a concession, but if the contract doesn't allow for it, he's perfectly justified in refusing.