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Buying & Selling Real Estate

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Uwe S.
  • Property Manager
  • Dublin, OH
291
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1,550
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What is your offer strategy?

Uwe S.
  • Property Manager
  • Dublin, OH
Posted Aug 18 2010, 03:33

Let´s say:
A house offered on MLS (more than 150 days) for $15,000, need rehab $15,000. ARV is $75,000.
I know all your rehab calculations, but what would you offer for this house in cash?
I just read JoeinOH´s topic, with a very small offer amount and this was sucessfully. Can in this case a only 50% offer ($7,500) or lower be effective?

What was your lowest offer with an happy end for you? I don´t want numbers, only your % from the asking price.

Thank you in advance.

-Uwe

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