Met With The Seller Today
As i promised, I met with the seller today, I am expecting to get the schedule E from him . It was a three family-- but it had illegal apartments(the super and the one bdroom) in the basement. Im concerned that they could decide not to pay rent and i have no recourse if i bought the place. The were a lot of other interested buyers, As lufos advised I will probably offer 385,000 to get the dicussions going. It is fairly maintained with the super living for 350.
What do u guys think?
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