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Updated over 8 years ago,
How to present a low offer
I recent came across a property that just hit the market. It is listed for a $100k and is a 3/1 in a college town. Comps are going for $140k. It needs a ton of work and I would like to add a 2nd bath. I ran the numbers and it all looks promising.
Any suggestions/recommendations on how to approach the listing agent with a 50% offer, all cash, 15day close?