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Updated over 8 years ago,

User Stats

279
Posts
105
Votes
John D.
  • Rental Property Investor
  • Allentown, PA
105
Votes |
279
Posts

Potential Triplex deal...trying to minimize my downpayment

John D.
  • Rental Property Investor
  • Allentown, PA
Posted

Hi all!

I found someone that is willing to sell a triplex that is fully occupied. (link to deal specs below) The asking price was $185K, I countered with $145K because that was what I felt comfortable with looking at the numbers. He came back with $150K and it still seems attractive.

I'm looking for any and all advice and really want to know what I can do to not have to come up with $42K out of pocket. My credit score floats between 780 and 810.

Thanks everyone!!

https://www.biggerpockets.com/calculators/shared/564357/4790a218-205c-4aa0-bb54-ea341eeb43e8

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