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Updated almost 14 years ago,
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Bank owned 6 unit - what would you offer?
Listed price is NONE. I've personally never seen that before so I want to make an offer to see how the bank responds. What would you guys offer with the numbers below?
- 6 units, 2/1 each unit
- built in 1985
- Just outside of Orlando, FL (will have very low appreciation overall, if any).
- Only 4 occupied @ $450 each
- market rent for all 6 units should be about $500 each
- actual expenses per seller $12,905
- seller financing, not available
thanks guys :cool: