Off Market Deal

[Chris Nare]

Hi, I found a condo next to one we just bought, and is off the market that the seller bought in 2014. The comps say it is with about 150K and needs about $12-15K in cosmetic updates. The HOA is $225/month. It would rent for about $1700/month. the seller is looking to sell to get money out to use for a family medical need.

I would like to figure out how I can make at least two offers to the seller. I am thinking of making a more traditional offer and a seller-financed offer. I have not made a seller offer before. So looking for some guidance on structuring the offer or any other ideas on how to get this condo preferably without using a bank.