Hi All, An agent is offering me an off-the plan apartment in a building that is due to finish early next year. Talking to the agent I came to know the reason of selling is because the owner (probably an investor) can't find finance from the banks so is forced to sell. That is happening in at least three apartments in the same complex (2 towers, 5 stories each, 50 apartments in total, no pool, no gym). The asking price is at market value however since I know they are forced to sell before settlement I think it would make sense to offer low but how low should the offer be? I am not interested in off-the plan but it might be an opportunity to snatch something below market value. Established apartments in the area are selling between 650-720k. According to the RE agent,the owner signed contract around 580k 2 years ago. I am thinking to buy as OO with goal of rent it out later. Could this be a good strategy? I would appreciate your comments!