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 about 7 years ago,
Made full price offer...now two months later
Hi there,
I am a newbie and would like thoughts, ideas on a deal. I drove around a neighborhood and was able to find a seller rehabbing a multi-unit property. I stayed in contact to express my interest and eventually made a full price offer (which I was fine with) in November before it went on the market. Well, they had some final inspection issues with the City and we still haven't moved forward. Before doing yet another extension, I asked for what equals to 2 months lost rent. they said no, so I decided to walk away.
Now he wants to talk. I haven't even been able to get an inspection done because of delay. What are your thoughts? Wait or move on?