So far I'm torn btwn two:Offer less with a conversation about the repairs that are obviously needed before it's habitable.vsOffer near asking and then after my inspection "crunched the numbers and the repairs needed and need to amend my offer".My problem is im emotional about it because I want to live in it after some hardcore fixin'. 

I certainly fit into this category...I have a number of tremendously far-left ideals and a number of tremendously far-right ideals...depending on the conversation, you'd probably either consider me a socialist or a libertarian...Of course, I don't tend to argue my far-right ideals on this forum (there's no-one that would argue with most of my far-right beliefs...they'd just agree with me and that's no fun :), which is why people here consider me to be solely far-left (and they're half-right).I don't really have too many beliefs right in the middle, with perhaps the exception of corporate regulation...I'm pretty centrist on issues related to that topic...

Tons of great conversations and information for anyone looking for an edge in today's world of real estate!

You should have a detailed phone conversation with him to see what are the reasons behind his motivation.

After a brief conversation, I learned he has no deals and no money, but a plan to get into flipping.

Ok, I don't mean to be crass but this conversation does not seem to be getting the point across....Louis, find an empty place and squat, if you can not rent.

If you are going to learn via academic setting remember to get friends who speak it (there are language schools for people who want to learn English, volunteer there and it's free conversation instruction).

If that's finding wholesalers who have a grip on the property or if it is a property on the MLS, it doesn't matter as long as the numbers work.As for what you can expect in terms of repairs, that is going to be different on every single deal, so there's no simple answer to that one.I'll let the rest of the group chime in, but I saw this one sitting around with no replies and wanted to make sure to jump in and kick off the conversation for you.

Good chance you can have a conversation with the holder of the second and let them know they could own this property unless they drastically reduce the interest rate and payment.Only make the effort if you would consider keeping it.

A 10 minute conversation with will give you confidence one way or the other.