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Updated about 5 years ago on . Most recent reply

User Stats

19
Posts
2
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Zaher Muhareb
  • Rental Property Investor
  • Edmonton, AB
2
Votes |
19
Posts

Private deal how to go about it

Zaher Muhareb
  • Rental Property Investor
  • Edmonton, AB
Posted

I found a a deal here the seller has nothing owing on the property and I want to do a private deal but she doesn’t want to stay on the title wants to get out of it completely so an AFS wouldn’t work and I dont want to include a bank or agent. How do I go about this? Its a really nice property with in a law suite only one on the block and has lots of room for improvement to bring to same level as the other properties in the area!

Maybe a vendor buy back option but I would have to sweet talk the seller considering she does have leverage with the property being free and clear would I have to pay higher than the asking price? Any advice on how to go about this!

Most Popular Reply

User Stats

1,557
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1,142
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Jacob Sampson
  • Investor
  • Topeka, KS
1,142
Votes |
1,557
Posts
Jacob Sampson
  • Investor
  • Topeka, KS
Replied

Personally I would just use a bank.  It's the cheapest money around.  Why do you not want to include a bank?

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