If there are any wholesalers, investor friendly realtors, investors, or others who are familiar with Essex County, NJ (particularly Newark, the Oranges, and Irvington) would be more than happy to hear any advice you are willing to offer.  

I want to offer 1.5% to the buyers agent.

Hi @Tchaka Owen -As a point of clarification, the 2nd Lien Holder would be able to offer cash for keys as settlement for their note, and they would then take title to the property. 

I'm hoping to be able to offer something that he needs that will make me valuable.

We are trying to offer suggestions for him to minimize his tax obligation without making things too complicated. 

Over the years, the only places to offer cash flow have been south of I-20 (both sides).

From those calls, you will have learned what your competition is related to lot rent, the sale of homes, how many POH they have, and what incentives you may have to offer as you sell homes.

A friend (who did real estate for a while) suggested to offer 70k with the stipulation of everything passing inspection.

Would only like to offer what’s owed but would like to get cash out for any repairs. 

3: what is included in the P&IDetails of property below:DuplexListed Price: 195,000Price I would like to offer: 160,000ARV: ~195,000Assumed closing cost: 2500Estimates repairs: 6000 (kitchen is very out of date and so are the bathrooms)Taxes: 4,071No down payment4.625% loan interestAmortized 30 yearsShould be able to rent at: $835-$875 per side after renovationsVacancy: 5%Repairs: 5%CapEx: 7%Insurance: $100Lawn Maintenance: $80Tenants pay water and electricExpense increase over time: 1%Income increase over time: 1%Property Value increase over time: 2%Management fees: 10-12% Sale fees 9%Bonus Details: Each side has a single car garageRent estimates came from apartments in the area with similar number bed/bathWould be running property as a house hack that would transition to full rental property in about 2 - 3 yearsAny advice and help is appreciated!