We went way over our expected budget - by far our worse budget miss ever (remarkably we were only 0.5 week over our 2 month timeline).Using my rule, take the estimates and double them then add for lost occupancy and that is what I would be seeking or the owner have the work done using licensed contractors and do the work, take the risks, and suffer the vacancy costs.If you purchase having to do the work and your appraisal can handle it, the credit at closing is superior to price discount.  

They buy at deep discounts and have economies of Scale to be able to wait out the time when Homes Prices and Rent Prices must rise eventually.It's a lose-lose for Mom and Pop but a Win-Win for Big Money Landlords.It's the complete opposite of what the Liberal's intentions wanted and they will fall into self-delusion that it's a Conspiracy of the Rich.

Take a look at BP's blog where new articles are published every day: https://www.biggerpockets.com/blog4.

Take a look at BP's blog where new articles are published every day: https://www.biggerpockets.com/blog4.

Discount agents come with different levels of service and you can  figure out what level you need.

I just read 5 books (out of print, published between 1979 and 1986) all related to wealth building thru real estate “trading and exchanging” (not for tax free exchange).These were the most convoluted, confusing, and unfocused real estate books I ever read!

Hi Dillan,It sounds like you got a $20k discount on the home due to the seller's urgent need to move.

I know the book was published 5 years ago and the associated materials may be a bit outdated with the inflation that has taken place in the last 5 years.

The purpose of a landing page is to quickly and effectively convince a person who is genuinely considering selling their house at a discount to leave their contact details so your acquisition agent can reach out to them.Anything that hinders this process will ultimately LOSE you money.

Our agreement has exit of one partner can buy at 8% discount if other partner wants to sell but is not obligated to buy.