How much to offer for property
2 Replies
Charles Adams
from Poughkeepsie, New York
posted over 3 years ago
How much lower should I offer for asking price ? They asking 24,500 for 2 family house that needs lots of work. How do I know what to ask ?
Paul Camuto
Investor from Robbinsville, NJ
replied over 3 years ago
Charles, what is the after repair value? Are you flipping or renting? You need to account and estimate for closing costs, repairs, and your time.
Charles Adams
from Poughkeepsie, New York
replied over 3 years ago
@Paul Camuto I just seen the listing for 24k it’s a 2 unit. I guess I should do more homework b4 I can even know if I should offer