If a 3/1 is the norm, than you shouldn't necessarily discount it just because you can't add another bathroom.

Perhaps a way around it is to buy a LT rental, discount the rent to the tenant because they have to be ok with the part in their lease that says they are ok with letting strangers room with them at any time.

Hi Jasmine, contact Ed with Discount Plumbing at 704-606-2016.

You want to make sure that your price is right before you start marketing the property to investors so that they don't discount you as "just another wannabe wholesaler."

You can easily come back to the seller and re-negotiate the price starting at 265k and work your way up from there (a significant discount to what you were willing to pay already).

Most don't want to sell but a few are motivated to sell at a discount.

I also got an excellent discount for having a fire prevention company do inspections/refills of detectors and extinguishers.

Well I would contact the senior note holder if possible and see if you can buy their note at a discount, else wait for the FC auction.

This will probably take someone willing to buy cash for a steep discount, who has an idea of what it will take to get this done.

@Heather Ippolito  if your taking the data from the MLS listing they are listing the annual tax's not monthly  .. what you do need to figure out tho is if the tax's are low because of owner occ status and will they rise when they are turned into rentals.In many states owner occ's get about a 50% discount compared to investors.. they get it through their homeowner exemption...