One way to negotiate this is to help the seller understand that if they are willing to accept payment for their property over an extended period of time, you can pay them a price above market value.

I would give them the option of extending 1 or 2 years maybe with a slight increase but not $100 increase.

And I use "irrelevant" as well, LOLAs to the chart of accounts, you don't break down accounts by the section or part of a property like porch or bedroom, but by it's depreciation schedule for materials, like carpet, appliances or roofing.As to permits, inspections and other soft costs, you may need to take those out when presenting your basis for financing, depends on what the significance of such fees might be so I suggest you break them down by hard and soft costs (hard costs add value and extend the life of usefulness), but for taxes Steve is correct so you'll need that with each property

When I tallied it all up, I could be out-of-pocket 9-12K, by the time I was receiving "market rent"A few days later on my morning run, I worked out how long it would take for me to recover the delta between the rent being paid by the current tenants (who had been there 8-years) and the 'cost to get to market rent' {which was ~$200/mth more} ... that number was someplace between 3.75 & 5 years {more if I had an extended vacancy after renovation}.Along with that revelation, it also occurred to me the current tenants would be very aware they were paying below market rent.So we all sat down and talked it though.

I have read about extenders but know nothing about them.

The fact that there is already some gas appliance in there means you don't even need to bring the gas line in from the street; you just have to extend from where it already exists.Look up "Midco Economite" - that is what I had installed in a boiler conversion last year; much more affordable than a new boiler.

Moreover, if I understand from what you stated, you do not have an agreement from the original holder to extend the short sale.

She extended a short term lease through 7/31 so fiance could look for new teaching job.

I don't buy trip insurance when I travel nor do I buy the extended warranties on digital cameras.

any generous banks out there that extend to 48% or 50%??