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Updated over 7 years ago, 09/17/2017
First Offer Accepted!
Just got approval on our first deal!
We had our offer accepted for a 4 unit, 12 bedroom "quad". List price 330k, accepted offer of 275k.
Now onto the rest of the process. Earnest money gets mailed tomorrow, then time for finalizing financing and getting inspection.
Will keep this updated. Would love words of wisdom for people's experience with the next steps.
We plan to convert to 12 rooms of student housing. Currently 3 of the 4 units are rented by families but we plan to let those expire and then rent out individual rooms within the units