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Updated over 3 years ago,

User Stats

592
Posts
320
Votes
Lamont Marable
  • Real Estate Investor
  • Waldorf, MD
320
Votes |
592
Posts

Submitting an offer for 2 Duplexes in Ohio

Lamont Marable
  • Real Estate Investor
  • Waldorf, MD
Posted

I want to submit an offer for 2 duplexes and the asking price is $190k. What do you think of these options and I want to submit an offer for #4 for seller financing but can’t think of an offer that will work. Any suggestions?

“Hello X,

We greatly appreciate you for responding. We love the location and this will be my first property out-of-state so my wife and I look forward to this opportunity. Regardless, I can give you a few options for your consideration that I know without a doubt that you’ll pick one. Which one works for you?

Option #1 - $135k no contingencies As-Is for both properties

Option #2 - $150k with an appraisal and inspection

Option #3 - $165k with seller financing for 25% closing cost at a 5% interest only rate for 3 years.

Option #4 - $175k seller financing

Option #5 - None of the Above”

Thanks Bee to the Pee!

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