Good afternoon everyone,
I would like your analysis and/or advice on a potential deal:
5bd/2b Cape Cod
Located in Washington, DC
Asking price: $320,000 (seller brought price down 50K)
My offer was: $280,000
Seller wants: $320,000- NO IF, ANDS, OR BUTS!
Homes in the area have recently sold for $400,000 and these homes only had 3 bedrooms!!!
The seller is waiting on me to respond to her counter offer.
Please give me some advice.......
Is this a deal or no deal??
If properties have recently sold for $400K, why do you think this one hasn't sold? Is it on the MLS? What will you do with it?
Unless you want to live in this house you shouldn't be paying more than 254k for it anyway. Don't waste your time.
I am planning on wholesaling it.
With those kind of numbers i doubt you'll be able to Wholesale it. :protest: You should always stick to your formula when wholesaling always..HAPPY HUNTING.
:superman: "Natural Born Go Getter" :superman: