General Real Estate Investing
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated 3 months ago, 09/25/2024
7-8 unit, single building condo complex - Seller owns all units. Seller Finance.
Rented a condo on a trip. Aged, cobwebs throughout. Outdated units. All their AirBNB reviews are similar. Asked the owner if he'd sell & he immediately said he'd consider owner financing. I have a friend who buys townhomes, not condos who is my only potential buyer. He's not interested in condos.
All units in the building are owned by the same party. I pull up all units tax links on GIS, but no data attached.
What are the hurdles to locating a buyer?
Don't know enough to price/comp it out. Don't want to say too much with getting it under some contract or protecting my right to a finder's fee. Still haven't "done my first deal".