Asking price=$184,900. I offered 160k, bank countered, $184k, I countered 161k..
2012 Apr 20, 3:56pm 23,935 views 42 comments
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40
hanera
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2012 Apr 27, 7:00am
hanera
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2012 Apr 27, 7:00am
First off, if you aren't completely familiar with the Black-Sholes pricing of option formula, and the put-call parity law, you are out of your depth.
Is so GREEKS, lol.
41
bubblesitter
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2012 Apr 27, 7:06am
bubblesitter
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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
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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%
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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?