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Updated over 7 years ago,

User Stats

26
Posts
10
Votes
Stephen Watt
  • San Diego, CA
10
Votes |
26
Posts

Unlisted SFH (6br/2ba) Near Ohio State in Columbus OH

Stephen Watt
  • San Diego, CA
Posted

I recently learned that a friend is moving for a job and selling his SFH (6br/2ba) that's close to Ohio State's campus. In the past, he rented out the 6 bedrooms to college students, which worked out relatively well. The home could also be rented to a family. I've visited the property and it seems like it's in solid condition. Pending an inspection, appraisal, and due diligence I think it could be a cash flowing asset (it was for him).

Since it's not yet listed on the MLS, I'm wondering if I can make an early offer on the home and get it before it's listed. But, I don't have any deals under my belt and am debating if I should bring this possible deal to a more experienced investor to help the process along.

My question is: what would you do in my shoes? Do I dive right in and pending due diligence, make him an offer? Or do I look for another investor to partner with?

Thanks!

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