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Updated over 10 years ago,

User Stats

9
Posts
1
Votes
John Heck
  • Fleetwood, PA
1
Votes |
9
Posts

Possible rental purchase sounds too good

John Heck
  • Fleetwood, PA
Posted

I found a posting on CL listed for a month so far for a sale price of $12000 for the following:

Investors property
3 bdrm 1.5 bath city home with yard
Basement and attic can be finished off
Tenants currently in.
750$ + utilities has been going rate.

What questions would you ask the seller if you were meeting with them?  The pics look pretty decent.  It is a inner city row home.  Wouldn't the seller just sell it to the tenants?  I am eager to get started in a real estate venture so this sounds ideal to me...wondering that some experienced investors think.  Thank you! -John 

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