Just found out owners are building a new house so they will need the $$$ for the new build.
12 Month settlement out of the negotiations.
The current owners have also built this house and lived in it for 3years so I'd assume that they would have some equity in it, might except a lower offer to get the build started.
So only leverage that I could have with my low offer is quick settlement, and bellow market rent if they sign an 12 month lease.
-10%CG not a problem as I’m in it for the long term but it would put a dent into future borrowings.
12 Month settlement out of the negotiations.
The current owners have also built this house and lived in it for 3years so I'd assume that they would have some equity in it, might except a lower offer to get the build started.
So only leverage that I could have with my low offer is quick settlement, and bellow market rent if they sign an 12 month lease.
-10%CG not a problem as I’m in it for the long term but it would put a dent into future borrowings.