Deal Analysis on a 3 unit

[Mario J Perez]

Hi everyone!

I'd like to get opinions on a 3 unit I'm considering. One unit is a 3/2 and the other two are 2/1. 

It's in pretty good condition with minor repairs. Rents for the area are +/- $600-$650 for the 3/2 and $450-$500 for the 2/1's. It currently has two mortgages totaling about $142,000, which is the asking price. The guy wants to sell because he is a doctor and does not have the time to take care of the property. My question is; if I lowball him for less than the $142K, is there a way for him to get out of it? Thanks,

MJP