Hi guys. I’m looking at a property that includes 2 separate adjoining 1 acre lots. 1 acre has a sfh, the other is vacant.
The sfh needs some very minor cosmetics but based on my preliminary research it should appraise for their asking price as is (i plan to offer lower). This will be conventional financing. The listing for the property had minimal info & pictures were terrible. DOM is 60+.
I’d like to exclude the second vacant lot from the mortgage and acquire it from the seller for a nominal amount. How can I broach this conversation, any tips / tactics? Thanks!