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Updated over 5 years ago,

Victor Sarkisyan's profile image
Victor Sarkisyan's profile image
Victor Sarkisyan
  • from Van Nuys, CA
  • Member since Nov 2, 2018
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77
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18
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Victor Sarkisyan's profile image
Victor Sarkisyan's profile image
Victor Sarkisyan
  • from Van Nuys, CA
  • Member since Nov 2, 2018
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Victor Sarkisyan
  • Van Nuys, CA
18
Votes |
77
Posts
Starting Out

Estimating new offer based on inspection report

Victor Sarkisyan
  • Van Nuys, CA
Posted

How do you go about determining the new offer price based on the inspection report you receive? Is there a good rule of thumb to use?

For example, if property is listed at 120k but needs - a highly uneducated guess (this is the rule of thumb I'm trying to figure out as a first timer investor) of $30k, do you offer 90k?

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