Looking for advice on an offer

[Oisin Milne]

So Here's where I am: today I put in my first bid on a property, master lease with option in 5 years. I massively low-balled the guy as the property is not yet ready and am expecting him to come back with a resounding 'HA! **** no!"

So Yeah, I am trying to figure out what to offer on the rejection when I get it. I don't know anyone locally into real estate as they all seem to just be in charge of talks which they charge an arm and a leg for, while my current day job is min. wage...