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Buying & Selling Real Estate

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Karl Sannicks
  • Investor
  • Palm Harbor, FL
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Green Light or Red Light

Karl Sannicks
  • Investor
  • Palm Harbor, FL
Posted Jan 30 2015, 14:38

I have a deal that I have analyzed with a 9.55 cap rate.  All the properties within this portfolio are rented.  I am just starting back up and need to know if I should proceed or "due" more diligence.  I am going to start with an option to purchase that allows that opportunity, but I don't want to lock myself into an unreasonable offer price until I am confident in the right number to offer or walk away.  Any help?  Suggestions?  What do you need from me?  Thanks in advance for the help.

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