Re: A Good Deal? - Posted by Dimpil
Posted by Dimpil on October 26, 2003 at 07:02:46:
On top of what Llyod said, why is he pressuring you? I just don’t like it when someone trys to force me do make a quick desision and I when I do it’s usally a bad decision so I don’t make them any more.
You have to investigate this opportunity more espically if you not an apartment person. And I doubt he can sell in 14 days. Commerical Lending is longer then SFR and ofcourse dealing with the lender (broker or bank) will take about a month if you do not have the expereince. Heck the appraisal may take 10 days to come back. What about the inspection? Even if it’s 12 years old who says it doesn’t have issues?
Bottom line, you need time to really make a decison to work the details and make sure you are going to come out ahead.