Baby's first BRRRR, This is a great deal!! What am I missing?

[Michael Chadinha]

Hey everyone!

I live in a small but growing Southern New Hampshire town and have been negotiating with the owner on the purchase of this 3 unit building. Since I just purchased my first (a 4 unit building) only 1 year ago through a traditional bank loan I am looking for other financing avenues on this one as to avoid the red tape and possible decline from the bank. Seems like a good candidate for the BRRRR strategy as the asking price is $52 under assessment and she's an old building that could use some updating.

This property is not on the market yet and I want to strike while the iron is hot.  Check it out, let me What you guys and gals think.  Cheers!

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