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Updated over 5 years ago on . Most recent reply

User Stats

10
Posts
4
Votes
Dylan Petersen
  • Real Estate Broker
  • Tacoma, WA
4
Votes |
10
Posts

First House Buy, Looking to House Hack

Dylan Petersen
  • Real Estate Broker
  • Tacoma, WA
Posted

Hey, my name is Dylan, been reading the forums here for a while but haven't really posted. I was about to close on a house with an ADU and rent it out while living in it, but as things progress it seems like the deal is turning out to be not so great. After inspection, I asked for a few repairs or a price reduction, and they gave me a very small reduction in price after asking for a "verbal agreement" for something closer to my request. So, what was offered to me on paper was not what was verbally discussed and Im starting to think my best bet is to walk away from this one.

That’s some back story, now here is what I’m looking for help for. I have seen a few duplexes in bundle deals. Is there a way I can reach out to the seller and see if they will sell just one of the duplexes? 



Also, I’m looking for a good real estate agent in the area, hoping to find one who has an investor like mindset this time. Also, open to lenders. I have been approved through three that I have tried, but I’m not sure if I’m getting the best deals. Thanks for any help.

Most Popular Reply

User Stats

10
Posts
4
Votes
Dylan Petersen
  • Real Estate Broker
  • Tacoma, WA
4
Votes |
10
Posts
Dylan Petersen
  • Real Estate Broker
  • Tacoma, WA
Replied
Originally posted by @Dave Skow:

Dylan - thanks for the post ..if you are going to exit the transaction make sure you have your ducks lined up so that you dont lose any earnest money deposited ......you can certainly ask any seller anything you want ....likely a seller that owns multiple  properties will feel that their value is  greater  if keeping their  assets together versus splitting them up .....what location are you looking in and what type of financing are you after ?   ( fyi - try to limit the  # of  credit reports pulled ..hopefully each of the 3 lenders you mention  havent each pulled their own  report ??) 

thanks 

Yeah I have my ducks in a row and there are plenty of issues that came up that validate exiting the transaction since they were denied to be addressed by the seller. 

Right, I just figure its worth a shot to ask. Just wanted to make sure it wasn't just a crazy thought I was having that couldn’t happen. 

The deals that I’m hoping to get one of the properties that are multiple houses now are in Bonney Lake and Auburn.

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