patrick.net
An Antidote to Corporate Media
1,358,845 comments by 15,736 users - HANrongli online now
Asking price=$184,900. I offered 160k, bank countered, $184k, I countered 161k..
2012 Apr 20, 3:56pm 23,657 views 42 comments
« First « Previous Comments 41 - 42 of 42 Search these comments
41
bubblesitter
2012 Apr 27, 7:06am
bubblesitter
2012 Apr 27, 7:06am
Property went pending yesterday. Guess I wasn't in the driver seat.
Don't you worry. You have not missed the boat. :)
42
burritos
2012 Apr 27, 9:35am
Property went pending yesterday. Guess I wasn't in the driver seat.
Don't you worry. You have not missed the boat. :)
DO YOUR MATH
The asking price got me a CAP rate of 10%. I was greedy shooting for 11%
« First « Previous Comments 41 - 42 of 42 Search these comments
Looking to buy a SFH rental built 2007. 3 bed, 2 bath 1935 Sq ft in South Puget Sound. Carrying costs $1150/mo at their asking price, $1050/mo at mine. Rent $1500/mo. I probably will walk away if I don't get 170k. Should my walk away price be lower?