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Updated almost 7 years ago,
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Hello,
I am a college student hoping to do my first deal here soon.
I have one duplex that I really like. Both units are currently rented with one unit on a two year lease with the other on a month-to-month rental agreement. I have the cash ready to buy and want to make things happen quick.
My question is, what info can I legally request from the seller before submitting an offer (ex. copies of current lease, etc.)? What are some questions or other info I should definitely be asking of the current seller? I currently was able to discover his motive for selling (moved out of the area) as well as the current lease situation as I said above.
I'd appreciate the help!