Figure out the total equity and what the seller needs for it to start with. Any deferred maintenance needing done, back payments, etc.? The more info you know about his situation, the better the offer you can present.
I have come across a TH that is roughly 15,000 below market value that also will yield a nice cash flow. The seller wants to get out of it and doesn’t look to be able to assist in financing. Can anyone help me with a way to do this No Money Down. The price is $55 k but I am unable to put any money down…ideas? suggesstions? Thanks…