How did you find this deal and how did you negotiate it?

We can't advise you to walk away or negotiate concessions without knowing any other information about the deal.

The price was right How did you find this deal and how did you negotiate it?

How did you find this deal and how did you negotiate it?

Lenders want your business, and you can negotiate terms, credits, and even push for a better rate.

I’m considering amulti-family property in the 76104 zip code of Fort Worth, TX, and I’d love your feedback to help determine if this is a good deal.Property DetailsAsking Price: $169,999 (seller says it’s negotiable).Current Rental Income: $2,400/month (duplex is vacant).Configuration: Combination of duplex and triplex units.Some units are rented at below-market rates.The duplex and need rehab.Historical Income: Seller claims it previously brought in $5,000/month when fully occupied.ConditionBuilt in 1934, so it’s an older property.Some permits were recently pulled (e.g., plumbing, window replacements, and sheetrock repairs), but it still needs work to get the vacant units ready to rent.It’s located in a neighborhood with a higher crime rate but also near major highways and areas with rental demand (e.g., downtown Fort Worth and Texas Christian University).My Goal:I’m focused on cash flow, and this property seems like it could work if I can stabilize it.

How did you find this deal and how did you negotiate it?

Cash flow = $400 How did you find this deal and how did you negotiate it?

This will all depend on how good of negotiator you are. 

I plan to negotiate the rent and I want to present my proposal to show how I’ll manage the property responsibly.