From experience, do your calculation on fixing and add 50% to it. As you are already tight, give it a pass, or leave an offer that for you might be very shameful as you think it is to low. I had once success with it, telling that I would like to have the property but this was my budget. That person wanted to get rid off it, I wanted and the price was over his pain threshold. For me it was the best deal I ever did in real estate, still owing that property. Just give it a try with a low-ball offer.

Keep us up to date. :)

Posted Using LeoFinance ^Beta