All Forum Posts by: Jason L.
Jason L. has started 23 posts and replied 73 times.
Post: Need Help with Offer on a Multifamily
Jason L.
Posted
Pro Member
- Investor
- Amarillo, TX
- Posts 81
- Votes 6
Same here Edgar and 20% of his asking price ($58,000) would be around $46,500; so I will see.
Post: Need Help with Offer on a Multifamily
Jason L.
Posted
Pro Member
- Investor
- Amarillo, TX
- Posts 81
- Votes 6
@Bill Jacobsen, the owner is asking $58,000 for the property and it only appraised for $40,268 so that is the reason for the low offer.
Post: Need Help with Offer on a Multifamily
Jason L.
Posted
Pro Member
- Investor
- Amarillo, TX
- Posts 81
- Votes 6
How much would you offer for a multi-family home that only appraises for $40,268 in Amarillo, TX? (Address 506 S. Florida St. 79106) It's currently occupied and total rent for both sides equals $1080.00; plus it has a lot in the back that is used by a local business for it's customers to park, this could be additional cash flow.