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Updated almost 5 years ago,
Ask seller for roof replacement
We just had an inspection done on a 2-family rental property. The report says it needs roof replaced immediately. The roof replacement costs $15k. Should we ask the seller to lower the purchase price by $15k, or pay $15k towards our closing cost and mortgage (we are putting 25% down)? We don’t have the cash to replace the roof right away. By the way, the periphery cash flows only a few husband dollars a month.