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was thinking of buying a forclosed 4 plex townhome apt banked owned listed for 158500

should i bid a lower price for it even if i ask them to pay all closing an inspections cost market value is 238,880
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August 21 - Killeen
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Profile picture for athomp72
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Be sure you have a knowledgable agent assisting you with your investment.  I would ask the agent how experienced they are with investment property.  Do they even know what a CAP rate is?  There is a big difference from selling homes to families and selling investment property to investors.
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October 08
Profile picture for real estate mike
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View my 3 listings

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the asking price is irrelevant to you. you need to know the cap rate and noi estimated for this property. Ask your realtor to assist you. best of luck
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August 21
 

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