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Updated over 10 years ago on . Most recent reply

Andresa Guidelli's profile image
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Andresa Guidelli
  • Investor
  • from Philadelphia, PA
  • Member since Apr 17, 2012
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Andresa Guidelli's profile image
Andresa Guidelli's profile image
Andresa Guidelli
  • Investor
  • from Philadelphia, PA
  • Member since Apr 17, 2012
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Andresa Guidelli
  • Investor
  • Philadelphia, PA
68
Votes |
257
Posts
Commercial Real Estate Investing

Price reduction or credit at closing

Andresa Guidelli
  • Investor
  • Philadelphia, PA
Posted

Hey folks,

We have a commercial deal under contract and after inspection have uncovered (as expected) needed repairs that not found before signing the agreement of sale.

When renegotiating, would you go for a purchase price reduction, or a credit at closing? What are the advantages and disadvantages of both options?

We appreciate all input.

Thanks,
Andresa & Roberto

Key words: commercial real estate, negotiation, creative finance, multi family, apartment, rehab

  • Andresa Guidelli
  • Podcast Guest on Show Women in Real Estate: Closing the “Investing Gap” and Getting Started
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    Martin Z.
    • from Glendale, California
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    Martin Z.'s profile image
    Martin Z.'s profile image
    Martin Z.
    • from Glendale, California
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    Martin Z.
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    Martin Z.
    • Glendale, CA
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    4% wow, feels like the government is a partner in this transaction

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